CIEN has been in the news 1200% more than usual
Jun 05, 2025, 12:31 PM
-2.90%
What does CIEN do
Ciena, headquartered in Hanover, Maryland, employs 8,627 people and provides network infrastructure solutions across segments like Networking Platforms, Platform Software, Blue Planet Automation, and Global Services. Their offerings support network operators in managing services for businesses and consumers.
CIEN has been in the news recently: Ciena Corp (CIEN) is set to announce its second-quarter results on June 5, but analyst Mike Genovese expresses concerns about its competitiveness against firms like Marvell Technology and Broadcom Inc. Additionally, the CNN Money Fear and Greed index has shifted to the "Neutral" zone, reflecting a change in market sentiment, while Gainers reported a 20% revenue increase in Q3 2023 due to strong sales.
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