December 22, 2024

Ciena reported a big profit miss. Here’s why the stock is rocketing to a 22-year high.

 Ciena reported a big profit miss. Here’s why the stock is rocketing to a 22-year high.

Ciena reported a big profit miss. Here’s why the stock is rocketing to a 22-year high.

Ciena’s stock was soaring toward a 22-year high, as order growth and outlook on inventory overshadowed a big profit miss.