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0.000680735194009516 0.000680735194009516 0.00816882232811431 0.00578624914908094 0.0108917631041525 0.0350578624914907 0.0381211708645336 0.0381211708645336
Stock impact report

Ciena Ending 2018 Strong Amid Market Turmoil [The Motley Fool]

CENTURYLINK (CTL) 
Last centurylink earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.centurylink.com
Company Research Source: The Motley Fool
Ciena has defied the tech-sector sell-off. Shares of optical transport equipment maker Ciena ( NYSE:CIEN ) have been defying the tech sector's sour mood recently. As of this writing, shares are up a whopping 67% on the year, which, needless to say, trounces the S&P's negative returns. CIEN Year-to-Date Price Returns (Daily) data by YCharts. What's the secret to Ciena's success? For one thing, it's aggressively gaining market share in the optical transport industry on a global basis. Optical transport equipment helps increase speeds over a fiber-optic network. With the rise of cloud computing, 5G enhancements, and other connectivity-intensive applications, this market is set to grow over the medium and long terms. And yet the cyclical nature of equipment spending, along with intense competition, has made the industry anything but a sure thing for individual optical companies. Ciena's recent fourth-quarter 2018 conference call with analysts shed some more Show less Read more
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