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Ciena Drops 11% Post-Earnings as Margin Concerns Cloud Strong AI Demand

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Ciena plunged 11% despite beating fiscal Q3 earnings estimates and lifting full-year revenue guidance.
  • The stock was the worst performer in the S&P 500 as investors grew wary over potential margin compression, supply expansion costs, and looming tariff headwinds in the AI networking space.
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US500 price history

7619.44 +11.25% over the displayed period

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