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● A large licensing deal slid into the fourth quarter.
Key Highlights● Ciena surged on November 9 as optical and storage stocks rebounded.● It rose with Lumentum, Seagate and Western Digital.● No Ciena-specific news was found.● Coherent soared on strong quarterly results the prior week.Optical names light upCiena (NYSE:CIEN) surged on Monday, November 9, …
● The cash provides a runway into 2028.
● Full-year adjusted earnings guidance rose to $0.44 to $0.48 a share.
● Proceeds will help repay at least $750 million ofCreditFacilityborrowings.
● The 2026Revenueforecast rose to $115 million to $117 million.
● DoubleU Games holds roughly two-thirds of the company.
● The new drug application is on track for the first half of 2027.
● JPMorgan flagged promotional competition as a concern.
● Dole's update arrived as investors favored riskier stocks over defensive ones.
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