ADTRAN Holdings (ADTN) Soars 7.0%: Is Further Upside Left in the Stock?

ADTRAN Holdings (ADTN) shares soared 7% in the last trading session to close at $9.67. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.2% gain over the past four weeks.ADTRAN is undergoing a multi-year integration program to optimize its assets, business processes and information technology systems. The restructuring program is expected to maximize cost synergies by realizing operation scale, combining sales channels, streamlin ...