Why Ribbon Communications Stock Is Soaring Today

Ribbon's Q3 sales and earnings results missed expectations. So why is the stock surging?Ribbon Communications (RBBN 6.71%) stock is surging Thursday's trading. The communications and networking specialist's share price was up 7% as of 2:30 p.m. ET.Ribbon published its third-quarter results after the market closed yesterday, and both sales and earnings for the period came in below the average analyst Wall Street target. But the company's forward guidance was encouraging enough to offset those shortfalls, and ...