This isn't news, but shows how bad the blow down is. On Sept.
20th, Trading Central upped CIEN from neutral to buy. And around
that time, their debt rating was also upgraded.
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Ciena Corp. Down Nearly 6%, On Pace for Largest Percent Decrease
Since August 2017 -- Data Talk BY Dow Jones & Company,
Inc.
— 11:49 AM ET 10/01/2019
Ciena Corporation (CIEN)
is currently at $36.90, down $2.33 or 5.94%
-- Would be lowest close since June 5, 2019, when it closed
at $35.88
-- On pace for largest percent decrease since Aug. 31,
2017, when it fell 10.96%
-- Currently down three of the past four days
-- Currently down two consecutive days; down 6.2% over this
period
-- Worst two day stretch since the two days ending Aug. 15,
2019, when it fell 7.25%
-- Up 8.82% year-to-date
-- Down 96.47% from its all-time closing high
of $1046.50 on Oct. 20, 2000
-- Up 23.99% from 52 weeks ago (Oct. 2, 2018), when it closed
at $29.76
-- Down 19.7% from its 52 week closing high
of $45.95 on July 29, 2019
-- Up 30.67% from its 52 week closing low
of $28.24 on Oct. 11, 2018
-- Traded as low as $36.50; lowest intraday level
since June 5, 2019, when it hit $35.24
-- Down 6.96% at today's intraday low; largest intraday percent
decrease since Sept. 5, 2019, when it fell as much as
7.91%
All data as of 11:43:48 AM
Source: Dow Jones Market Data, FactSet