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Ciena Climbs 4% as $10B Backlog Outlook Outweighs Month-Long Slide; Arista and Cisco Edge Higher
Source: 247wallst.com
Market Technicals & FlowsInvestor Sentiment & Positioning
Ciena shares rose 4% early Wednesday to $347.60, marking a short-term rebound. The move follows a 19% decline over the past month, indicating the gain is a recovery from recent weakness rather than a confirmed breakout.
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