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Wajeeh Khan

Down Almost 20%, Should You Buy the Ugly Dip in Ciena Stock?

CIEN Ciena Stock Wolfe Research

Ciena (CIEN) stock closed significantly lower on Thursday after the networking systems company posted record revenue for its fiscal Q1 but issued disappointing guidance for the full year. 

While management raised its 2026 guidance to $6.1 billion in revenue on March 5, it still came in sharply below the $6.99 billion that analysts had expected. 

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