Movement Alert|Ciena Falls 3.06% in Pre-Market Trading, Trading at $347.95

Market Focus
Sep 28

On September 28, Ciena fell 3.06% in pre-market trading, trading at $347.95 USD/share, with Turnover of $750,600.

Within the Communication Equipment sector where Ciena belongs, the overall sector trended lower. Among individual stocks, Applied Optoelectronics down 2.86%, Lumentum down 2.31%, Arista Networks down 1.87%, Ondas Holdings down 1.57%, Cisco down 0.64%.

Ciena Corporation is a global network technology company providing hardware, software, and services. Its core products include optical networking, routing, and switching solutions, serving cloud providers, telecom operators, and enterprises worldwide. The company reported strong fiscal Q3 results, with adjusted EPS of $2.11, up 215% year-over-year, on revenue of $1.67 billion, and raised its full-year revenue guidance to $6.42 billion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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