Infinera Corporation (symbol: INFN) was one of the biggest winners of the
trading day today (2015-10-28), gaining 15.41%. The number of shares that
changed hands was 7,495,866, or about 3.8 times the average daily volume in
the stock.
The closing price was $21.12, amounting to a market cap of $2,770,000,000,
about -16.32% off the highest price in the last 12 months. The stock has
been trading at a range between $13.0 and $25.24.
INFN is in the Telecommunications Equipment industry, part of the Public
Utilities sector. It first went public in 2007.
Looking at its valuation, the stock is now trading at 64.39 times earnings.
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