Pre-Market Volume Spike: Infinera Corp. (INFN)

Posted in General  by: admin
June 17th, 2008

Infinera Corp. (NASDAQ: INFN) is rather active to the downside in pre-market trading, and it was active last night in after-hours as well.  The stock closed at $13.81 yesterday before the company lowered its growth rates for 2008.  Last night we saw 269,889 shares listed as the after-hours trading with a $10.27 last according to NASDAQ. At 8:35 AM EST we have already seen 109,000 shares trade hands and the last trade was at $9.80 in pre-market.

AVG. DAILY VOLUME:   670,000
52-WEEK RANGE:  $8.28 to $30.00
MARKET CAP $1.28 Billion (before drop)

Jon Ogg
June 17, 2008

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