Guidance at Ciena Tanks (CIEN)
Shares of Ciena Corp. (NASDAQ: CIEN) are trading down 17% pre-market and this is going to be one of the more active stocks on NASDAQ: today. The earnings were fine, but guidance is really sucking wind. As of 8:30 AM EST we have seen more than 1.14 million shares trade hands and the $14.50 pre-market [...]
Pre-Market Top Movers (AA, ARRS, CACH, CIR, EMKR, MTSN, SGXP, ULBI)
Here are eight pre-market gappers this morning whose shares should be active and/or volatile with large price moves this Wednesday when the market opens: Alcoa Inc. (NYSE: AA) traded up 3% after-hours and are actually up about 4.2% at $33.70 pre-market (8:32 AM EST). Arris Group Inc. (NASDAQ: ARRS) trading down 13% at $7.70 (8:33 [...]
Tech After-Hours Spike: Arris & Mattson (ARRS, MTSN)
Arris Corp. (NASDAQ: ARRS) and Mattson Technology Inc. (NASDAQ: MTSN) are both trading lower in after-hours trading today. The culprit on each is an earnings warning. Arris put Q2 revenues at $278 to $280 million primarily driven by maturing demand for EMTAs as well as for plant extension and installation equipment. First Call was looking [...]
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