Why Ciena Rocketed Higher This Week
Shares of (NYSE: CIEN) rallied 23.9% this week through 1:46 p.m. ET Friday, according to data from S&P Global Market Intelligence.
Ciena is a leader in optical transceivers and other IP networking and routing hardware and software. That's a market that has typically served large telecom players, but which has now reaccelerated in the age of artificial intelligence (AI), and the increased networking demands required for it.
On Thursday, Ciena showed off a new AI-powered acceleration, delivering fiscal third-quarter results that handily beat analyst expectations.
Source Fool.com
Ciena Corp. Aktie
191,60 €
-13,65 %
Klarer Community-Favorit: Ciena Corp. mit vielen Buy- und wenigen Sell-Einschätzungen.
Ein Kursziel von 218 € für Ciena Corp. zeigt ein leicht positives Potenzial im Vergleich zum aktuellen Kurs von 191.6 €.
