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Why Ciena Stock Marched More Than 11% Higher In March

Apr 07, 2026 17:00 UTC

Key PointsDespite strong growth, management's revenue guidance disappointed Mr. Market..

  • April 07, 2026 — 01:00 pm EDT Written byEric VolkmanforThe Motley Fool-> Despite strong growth, management's revenue guidance disappointed Mr
  • Market
  • Analysts tracking the stock, however, weren't so easily discouraged

April 07, 2026 — 01:00 pm EDT Written byEric VolkmanforThe Motley Fool-> Despite strong growth, management's revenue guidance disappointed Mr. Market. Analysts tracking the stock, however, weren't so easily discouraged. Last month, expectations were high forCiena's(NYSE: CIEN)latest earnings report, and the company didn't quite meet them. However, the market's sour reaction turned sweet before long, thanks in no small part to a wave of positive analyst updates about the company's prospects. This ultimately propelled the stock to a monthly gain of over 11%. Ciena, which specializes in high-spee

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