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Why Infinera Stock Is Surging Today


Shares of Infinera (NASDAQ: INFN), a maker of telecom equipment, rose as much as 21% in trading on Thursday. Shares were up about 9% as of 12:35 p.m. EDT. The bullish move is directly attributable to the release of upbeat second-quarter results.

Management had already warned investors that the quarter was going to be rough, so the headline numbers weren't great in absolute terms:

Image source: Getty Images.

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Quelle Fool.com

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