Why Ciena Stock Is Plummeting Today
(NYSE: CIEN) stock is sinking in Thursday's trading after the company published its latest quarterly results. The optical technologies and software specialist's share price is down 12.2% as of 12:15 p.m. ET.
Before the market opened this morning, Ciena published results for the second quarter of its current fiscal year, which ended May 3. While the business's sales for the period topped the market's expectations, earnings came in lower than anticipated.
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Source Fool.com
Ciena Corp. Aktie
396,20 €
-2,82 %
Hohe Buy- und niedrige Sell-Zahlen bei Ciena Corp. zeigen ein stark positives Sentiment.
Obwohl das Kursziel von 227 € für Ciena Corp. niedriger als 396.2 € ist, ergibt sich ein negatives Potenzial von -42.71%.
