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XTL - Adtran: Fighting Hard Against Bears Gaining A Foothold
June, 01 2022 07:26 PM
SPDR S&P Telecom
Adtran beats top and bottom line estimates in its first quarter, and shares have responded as a result. Profitability, though, remains constrained due to ongoing supply chain headwinds, which are expected to continue. Market seems to be pricing in lower prices. Adtran needs a catalyst to change the paradigm here. For further details see:
Adtran: Fighting Hard Against Bears Gaining A Foothold
Stock Information
Company Name:
SPDR S&P Telecom
Stock Symbol:
XTL
Market:
NYSE
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