Juniper Networks, Inc. Beat the Street, but Shares Plunged Anyway

Juniper Networks, Inc. Beat the Street, but Shares Plunged Anyway

Enterprise-grade network-equipment-builder Juniper Networks (NYSE: JNPR) reported preliminary second-quarter results on Tuesday night. It was a solid report, and management's guidance for the next quarter was right in line with Wall Street's current expectations.

Yet, Juniper shares closed Wednesday's trading session 6.3% lower. What's going on?

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Source: Fool.com