Infinera Corporation (INFN) Soars 7.34%

Infinera Corporation (INFN) Soars 7.34%

Infinera Corporation is a Infinera Corp is an optical transport equipment provider serving a wide range of customers, including communication services providers, Internet content providers, colocation providers and cable MSO.

Infinera Corporation (INFN) had a good day on the market for Thursday March 11 as shares jumped 7.34% to close at $9.65. About 3.33 million shares traded hands on 17,727 trades for the day, compared with an average daily volume of n/a shares out of a total float of 203.04 million. After opening the trading day at $9.29, shares of Infinera Corporation stayed within a range of $9.74 to $9.28.

With today’s gains, Infinera Corporation now has a market cap of $1.96 billion. Shares of Infinera Corporation have been trading within a range of $11.52 and $3.69 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Infinera Corp is an optical transport equipment provider serving a wide range of customers, including communication services providers, Internet content providers, colocation providers, cable MSO, subsea fiber operators, and wholesale/terrestrial network operators. Geographically the company earns maximum revenue from the United States.

Infinera Corporation is based out of Sunnyvale, CA and has some 3,050 employees. Its CEO is David Heard.

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