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Technology Stocks : Infinera -- Ignore unavailable to you. Want to Upgrade?

To: JCnieuwenj who wrote (4220)6/16/2020 12:32:55 PM
From: inefficient  Respond to of 4443
 
Nope. Markets are kind of insane right now, but this felt event driven. Lots of volume late in the day and very active AH trading (which just never happens with this stock). This isn't a popular name on Robin Hood or reddit, for what that's worth.



To: JCnieuwenj who wrote (4220)6/16/2020 7:18:31 PM
From: FJB  Read Replies (1) | Respond to of 4443
 
Infinera ( INFN +11.9%) is trading at volume that has already hitting 160% of daily average, and tagged its highest point in weeks, after Needham added it to its Conviction List.


Analyst Alex Henderson has a Strong Buy on the stock, pointing to a "solidly upbeat view of its fundamentals" the company offered at Needham's non-deal roadshow, along with a balanced view of service provider demand.


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