Optical networking hardware vendors Infinera (INFN +2.7%) and Ciena (CIEN +1.6%) rally after...

|About: Infinera Corporation (INFN)|By:, SA News Editor

Optical networking hardware vendors Infinera (INFN +2.7%) and Ciena (CIEN +1.6%) rally after William Blair starts coverage with an Outperform. Shares of both companies have soared over the last 3 months, fueled by strong earnings reports (I, II) and expectations of a surge in 100G transmission system deployments. Infinera's Q2 report arrives on July 24.