$FN is one of biggest losers #stocks today. read more:

Fabrinet Ordinary Shares (symbol: FN) was one of the worst losers of the
trading day today (2016-08-16), losing -5.93%. The number of shares that
changed hands was 3,294,189, or about 7 times the average daily volume in
the stock.
The closing price was $39.79, amounting to a market cap of $1,430,000,000,
about -11.6% off the highest price in the last 12 months. The stock has
been trading at a range between $17.88 and $45.01.
FN is in the Telecommunications Equipment industry, part of the Public
Utilities sector. It first went public in 2010.
Looking at its valuation, the stock is now trading at 26.37 times earnings.