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Technology Stocks : Infinera
INFN 6.6400.0%Feb 28 4:00 PM EST

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To: FJB who wrote (4264)9/3/2020 4:02:59 PM
From: inefficient   of 4443
 
yeah, and it's surprising they didn't do a test of this distance on VZs network.

CIEN guided to a sequential revenue decline of 15% and blamed it on covid. INFN guidance for was for H2 rev to be solidly above H1 and wasn't, IIRC, based on a whole bunch of things they hoped would happen.

FWIW, the stock looks like it found support at a previous resistance level ($6.25-6.50) which is a good sign.
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