|Bid||0.0000 x 40700|
|Ask||0.0000 x 21500|
|Day's Range||2.8244 - 2.9200|
|52 Week Range||2.8000 - 9.9400|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.56|
SUNNYVALE, Calif., July 15, 2019 -- Infinera (NASDAQ: INFN) announced today that it will release its financial results for the second quarter of fiscal 2019 ended June 30, 2019.
Cisco Systems Inc. is spending $2.6 billion to buy Acacia Communications Inc. a 380-person Massachusetts company that sells equipment designed to speed up the transmission of data between data centers. Cisco will pay $70 per share in cash for Acacia, which ended the trading day Monday at $48.06. Cisco shares closed up less than 1 percent.
SUNNYVALE, Calif., July 08, 2019 -- Infinera (NASDAQ: INFN) announced today that it will host an investor webcast on Wednesday, July 17, 2019 at 11:00 a.m. ET. During the.
Juniper Networks Inc. shares are off more than 3% in premarket trading Monday after Citi Research analyst Jim Suva downgraded the stock to sell from neutral. "We have picked up recent competitive share gains by Arista and Cisco and this sets up for more share loss to Juniper and too lofty 2H expectations," he wrote. "We do not have any financial cash flow or going concern issues but simply believe the stock price will trade lower as our indications become reality in the months ahead." Suva is also worried about Infinera Corp. due to its share losses and muddied organic growth rates following a recent acquisition. Juniper shares are up 1.7% so far this year, while Infinera shares have dropped 25% and the S&P 500 has gained 19%.
SUNNYVALE, Calif., June 27, 2019 -- Infinera (NASDAQ: INFN) announced today that Sparkle is deploying Infinera’s XT-3600 for its Nibble Network, a new ultra-long-haul photonic.
Anyone researching Infinera Corporation (NASDAQ:INFN) might want to consider the historical volatility of the share...
SUNNYVALE, Calif., June 21, 2019 -- Infinera (NASDAQ: INFN) announced today that Leaseweb, a leading provider of hosting and cloud services, completed the successful.
Insider Monkey finished processing more than 738 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2019. What do these smart investors think about Infinera Corp. (NASDAQ:INFN)? Is Infinera Corp. (NASDAQ:INFN) a sound investment now? Investors who are in the know are becoming hopeful. […]
SUNNYVALE, Calif., June 11, 2019 -- Infinera (NASDAQ: INFN) announced today that it will participate in the following webcasted investor conference: Stifel 2019 Cross Sector.
SUNNYVALE, Calif., June 10, 2019 -- Infinera (NASDAQ: INFN) and SIAE MICROELETTRONICA, a leader in wireless communications, announced today the successful completion of.
Infinera and SIAE MICROELETTRONICA, a leader in wireless communications, announced today the successful completion of end-to-end, software-defined networking -enabled service orchestration across integrated IP/Multiprotocol Label Switching transport and microwave/millimeter-wave transport domains.
Infinera Corp NASDAQ/NGS:INFNView full report here! Summary * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NegativeShort interest is moderately high for INFN with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on May 23. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold INFN had net inflows of $720 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Shares of Infinera Corp. are down nearly 3% in Monday morning trading after J.P. Morgan's Samik Chatterjee downgraded the stock to underweight from neutral. The stock is nearing an all-time closing low. Shares closed at $3.03 on May 20. "We see a heightened level of near-term and medium-term risks from the much more moderate level of capex spending from cable customers, in addition to the already existing long-term risks relative to the acquisition," he wrote. Infinera acquired Coriant late last year. "The near-term risks relative to moderating cable capex will likely drive Infinera to return to profitability and cash flow generation later than currently guided to by the company, and increase the medium-term risks relative to materially underperforming stated (gross) margin targets, led by a much lower scale of revenues than anticipated at the time of the acquisition," Chatterjee said. Infinera shares have fallen 24% so far this year, as the S&P 500 has risen 10%.
Ms. Holt brings to the board extensive experience in the global semiconductor industry and an excellent track record of sales and field operations. “We are pleased to welcome Sharon to our board of directors,” said Kambiz Hooshmand, Infinera Chairman of the Board. “Sharon brings diversity to our board and her deep knowledge of the semiconductor industry and breadth of operational and sales experience will be invaluable to Infinera.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
CEO of Infinera Corp (NASDAQ:INFN) Thomas J Fallon bought 50,000 shares of INFN on 05/15/2019 at an average price of $3.32 a share.
The Trump administration is deeply concerned about China's drive to unseat the United States as the primary developer and supplier of high-tech products.
SUNNYVALE, Calif., May 15, 2019 -- Infinera (NASDAQ: INFN) announced today that it will participate in the following investor conference: Craig-Hallum Capital Group Annual.