Why Infinera Stock Is Surging Today
Shares of Infinera (NASDAQ: INFN), a maker of telecom equipment, rose as much as 21% in trading on Thursday. Shares were up about 9% as of 12:35 p.m. EDT. The bullish move is directly attributable to the release of upbeat second-quarter results.
Management had already warned investors that the quarter was going to be rough, so the headline numbers weren't great in absolute terms:
Image source: Getty Images.
Quelle Fool.com
