Why Ciena Stock Is Plummeting Today
(NYSE: CIEN) stock is sinking in Thursday's trading after the company published its latest quarterly results. The optical technologies and software specialist's share price is down 12.2% as of 12:15 p.m. ET.
Before the market opened this morning, Ciena published results for the second quarter of its current fiscal year, which ended May 3. While the business's sales for the period topped the market's expectations, earnings came in lower than anticipated.
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Source Fool.com
Ciena Corp. Aktie
76,02 €
-0,26 %
Ciena Corp. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Ein positives, aber moderates Potenzial für Ciena Corp. mit einem Kursziel von 83 € im Vergleich zu 76.02 €.
