Why Ceragon Networks Stock Just Crashed 14%
Investors in Israeli wireless backhaul solutions specialist Ceragon Networks (NASDAQ: CRNT) have had an exciting week. From the close of trading on Jan. 13 to the close of trading Tuesday, shares of the "5G play" more than doubled in value on no news whatsoever.
But enough is enough. As of 11:15 a.m. EST Wednesday, Ceragon stock was down by 14.2%.
Image source: Getty Images.
Source Fool.com
