These low-priced stocks have seen some hard times lately, but they are all spring-loaded for impressive rebounds.
News & Analysis: Infinera
Positive economic news on several fronts helped push the stock higher.
The optical solutions provider posted a messy quarter, but a fresh upgrade cycle looms on the horizon.
Losses are piling up for the networking company.
The bottom-line miss in this mixed report sprung from the early completion of a large, low-margin project that unlocked more profitable add-on sales in the coming quarters.
INFN earnings call for the period ending March 31, 2020.
Oaktree’s 13% stake in Infinera could either lead to an activist push or a big sale.
Coronavirus fears and a plunge in oil prices are roiling global markets.
The optical solution provider takes on more debt to fund its future projects.
A new convertible debt offering was not received well by the stock market.