Posts Tagged ‘CIEN’

7 Unusual Stock & Option Volume Standouts on Friday (ANN, CIEN, CSTR, DLB, JDSU, LVS, NG)

Friday is always an interesting day when it comes to volume spikes.  Buyout rumors, contract award rumors, drug events, management changes and more all tend to get speculated on each Friday.  We are looking at some key equity volume spikes as well as the options volume spikes that stand out as unusual. AnnTaylor Stores Corp. [...]

Top Day Trader Alerts (ZUMZ, CNAM, PETM, MDVN, FSYS, STP, URBN, CIEN)

These are this morning’s top day trader and active trader alerts seen in early pre-market trading.  We have offered the moves, a news summary, and brief color on each for trading references where applicable. Zumiez, Inc. (NASDAQ: ZUMZ) shares are surging as a winner in cold weather themes after it said February same-store sales rose [...]

CIENA Runs on Analyst Initiation (CIEN)

CIENA Corporation (NASDAQ: CIEN) is trading up this morning on an analyst call.  Auriga gave it a Buy rating with an $18 target.  The firm has said that the transformational acquisition of Nortel’s metro-ethernet operations is off to a good start.  Shares closed at $12.24 Friday, and shares are up at $12.68 on 25,250 per-market [...]

CIENA Continues (CIEN)

CIENA Corp. (NASDAQ: CIEN) had a huge trading day on Tuesday.  The hope, rumor, or gossip was that perhaps the Nokia-Siemens JV may now want to bid for all of CIENA now that CIENA won the metro ethernet assets of Nortel.  Shares rose $0.84 to $11.86 yesterday on 19.9 million shares and there were over [...]

CIENA Stock & Options On Move (CIEN, NOK, SI)

CIENA Corp. (NASDAQ: CIEN) has seen what is nothing short of an odd move today in both the stock and in in call options activity.  There are some hints out there that Nokia-Siemens, the venture of Nokia Corp. (NYSE: NOK) and Siemens AG (NYSE: SI), may go after CIENA after their failed attempt to acquire [...]

CIENA Tries to Find A Bottom (CIEN)

CIENA Corporation (NASDAQ: CIEN) is getting a little bit of a bounce this morning after yesterday’s mammoth downward volume day.  Shares are trading up 1.7% at $11.92 on 36,490 as of 8:06 AM EST.  We would look for a much more active trading session in Ciena today than this because yesterday saw 29.7 million shares [...]

Ciena’s Earnings Indigestion (CIEN)

Ciena Corporation (NASDAQ: CIEN) is trading lower this morning after the company missed its earnings at -$0.12 EPS vs. -$0.07 estimates.  The bright side was revenues, off only 1.9%, at $176 million versus estimates of $168 million. Ciena noted cautious customer spending but the company noted that its order book so far this quarter should [...]

SEVERE REVERSAL VOLUME: Ciena Up, Then Tank (CIEN)

Shares of Ciena Corp. (NASDAQ: CIEN) are seeing an explosion in trading volume this morning,  At about 3 minutes before the open, the stock had already seen 1.487 million shares trade hands, and shares went from up to down 3.6% at $29.35. Its average daily volume is 3.34 million shares.  By the first 8-minutes of [...]