INFN

Stock Alert: Infinera Slides 18%

(RTTNews) - Shares of Infinera Corp. (INFN),  are down more than 19 percent on Thursday morning despite no stock-specific news. The shares of the provider of optical transport networking equipment, software, and services are currently at $5.93, down 18.85 percent from its previous close of $7.32. The shares have traded in a range of $3.68 to $9.25 on average volume of 3,275,075.

Earlier on August 5, the company had announced that its COO David Heard would replace CEO Tom Fallon by the end of 2020.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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