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Here's Why Infinera Stock Is Tanking Today

TheMotleyFool

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Here's Why Infinera Stock Is Tanking TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/a130cb51-4ded-41be-b600-b83e2078ad65.png

Here's Why Infinera Stock Is Tanking Today

Shares of Infinera (NASDAQ: INFN) are tanking today, down 16.8% as of 1:13 p.m. EDT, after the provider of optical transmission equipment reported second-quarter earnings.

Here's a review of the key numbers from the second quarter:

While Infinera's quarterly results were mixed, investors appear to be reacting harshly to the company's guidance for the upcoming quarter:

Source: Fool.com