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Ciena Vaults 14%: Bulls Shrug Off Margin, Switching Worries

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Linked by BARRONS.com: Tech Trader Daily ( track newsfeed | ignore newsfeed ) - May 31, 05:36PM from (blogs.barrons.com)

Shares of Ciena (CIEN) closed the day up $1.67, or 14%, at $13.55 after the company this morning reported fiscal Q2 revenue head of analysts’ estimates, and a surprise profit per share. For the current quarter, the company projected revenue roughly in line with expectations.

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