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Acacia Communications shares up 17% with largest customer back in U.S.

Maynard telecommunications equipment manufacturer Acacia Communications was trading up more than 17 percent Friday after its third-quarter earnings beat estimates.
Much of the success in the quarter and the bullish start to Friday trading is due to the reinstatement to U.S. commerce of Chinese smartphone maker ZTE.
The company, Acacia’s largest customer, was banned from doing business in the U.S. in April, ...

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