Why Ciena Sank Today
Shares of (NYSE: CIEN) plummeted 18.6% on Thursday as of 1:05 p.m. EDT.
As a leader in optical networking hardware and software platforms, Ciena's share price has skyrocketed with the advent of generative AI and the associated infrastructure build-out. The stock, even with today's sell-off, is up a whopping 271% over the past year alone.
That may be why Ciena's fiscal first-quarter earnings report, which showed both a strong revenue and earnings beat, didn't lead to a positive outcome for the stock.
Source Fool.com
Ciena Corp. Aktie
360,60 €
1,95 %
Überwältigendes Buy-Interesse bei Ciena Corp., mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Das Kursziel von 456 € für Ciena Corp. bedeutet eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 360.6 €.
