Here's Why Infinera Stock Is Tanking Today
Shares of Infinera (NASDAQ: INFN) are tanking today, down 16.8% as of 1:13 p.m. EDT, after the provider of optical transmission equipment reported second-quarter earnings.
Here's a review of the key numbers from the second quarter:
While Infinera's quarterly results were mixed, investors appear to be reacting harshly to the company's guidance for the upcoming quarter:
Source: Fool.com