Alex Henderson, an analyst at Needham & Company, has tipped Ciena and Cisco to win the Verizon metro contract. Mr. Henderson said: "We believe Verizon is poised to announce a major award to buildout its Metro infrastructure.
Shares of Ciena Corporation (NYSE:CIEN) rose by 3% in the past week and 12.96% for the last 4 weeks. In the past week, the counter has outperformed the S&P 500 by 3.29% and the outperformance increases to 7.08% for the last 4 weeks.
Ciena Corporation (NYSE:CIEN), The Securities and Exchange Commission has divulged that Moylan James E Jr, SVP Finance, CFO of Ciena Corp, had unloaded 1,000 shares at an average price of $20.52 in a transaction dated on February 25, 2015.