Previous close | 96.98 |
Open | 86.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 86.00 - 86.00 |
52-week range | 75.66 - 88.60 |
Volume | |
Avg. volume | 0 |
Market cap | 26.312B |
Beta (5Y monthly) | 1.57 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Network provider Infinera (INFN) saw its shares soar on Friday after it agreed to be acquired by Nokia (NOK) for $2.3 billion. The investment is seen as Nokia's attempt to further get in on artificial intelligence. Josh Lipton and Julie Hyman put the move in the context of Nokia's other investments. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
Despite a revenue dip, INFN shows resilience with strong bookings and strategic initiatives poised to bolster future growth.
Infinera (INFN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.