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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.

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Source Fool.com

Ciena Corp. Stock

€335.80
-0.360%
Ciena Corp. shows a slight decrease today, losing -€1.200 (-0.360%) compared to yesterday.
The stock is one of the favorites of our community with 46 Buy predictions and 1 Sell predictions.
As a result the target price of 372 € shows a slightly positive potential of 10.78% compared to the current price of 335.8 € for Ciena Corp..
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