Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Ciena Stock Is Plummeting Today

TheMotleyFool 
0 0 04.06.26
Why Ciena Stock Is Plummeting Today: https://g.foolcdn.com/editorial/images/873159/gettyimages-1409383663.jpg
 

Ciena (NYSE: CIEN) stock is rapidly moving lower in Thursday's trading. The company's share price was down 14.9% as of 2 p.m. ET. Meanwhile, the S 500 was up 0.5%, and the Nasdaq Composite was up 0.2%.

Before the market opened this morning, Ciena published results for the second quarter of its 2026 fiscal year -- which ended May 2. The networking technologies specialist posted sales and earnings that beat Wall Street's expectations and also raised its full-year guidance, but its stock is still losing ground.

Image source: Getty Images.

Continue reading


Source Fool.com

Ciena Corp. Stock

€382.00
1.840%
There is an upward development for Ciena Corp. compared to yesterday, with an increase of €6.90 (1.840%).
With 46 Buy predictions and 1 Sell predictions Ciena Corp. is one of the favorites of our community.
With a target price of 465 € there is a positive potential of 21.73% for Ciena Corp. compared to the current price of 382.0 €.
Show more
Like: 0
CIEN
Share

Comments

Not a member yet? Sign up for free!