Ciena Q1 Earnings Review: Reiterate Buy Rating
2026-03-06 07:32:08 ET
Stock markets did not react well to Ciena ( CIEN ), despite the optical networking company reporting strong fiscal fourth quarter results. Ciena also raised its forecast, but the stock closed at $299.30, down by 12.88%. The company is among the firms that benefit from Nvidia’s ( NVDA ) halo effect . Coherent ( COHR ), Lumentum ( LITE ), and Corning ( GLW ) are also on that list....
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Ciena Q1 Earnings Review: Reiterate Buy RatingNASDAQ: LITE
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