NeoPhotonics Corporation (NPTN) Moves Lower on Volume Spike for January 16
NeoPhotonics Corporation (NPTN) traded on unusually high volume on Jan. 16, as the stock lost 2.93% to close at $6.95. On the day, NeoPhotonics Corporation saw 2.05 million shares trade hands on 7,946 trades. Considering that the stock averages only a daily volume of 742,465 shares a day over the last month, this represents a pretty significant bump in volume over the norm.