Posts Tagged ‘Ciena’

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 [...]

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 [...]