Infinera Stock Starts Recovery After Q3 Earnings Beat

By | October 28, 2015

Scalper1 News

After sliding in recent weeks, Infinera (INFN) stock started to mount a comeback Wednesday in the wake of third-quarter results in which earnings doubled from the year-earlier quarter and revenue jumped by a third. Shares of the fiber-optics networking gear maker gapped up, gaining more than 14% at one point. Infinera stock was up 13%, near 20.50, in afternoon trading on the stock market today. Infinera shares touched an eight-year high of 25.25 Scalper1 News

Scalper1 News