Ceragon (CRNT) Soars 11.4%: Is Further Upside Left in the Stock?
Ceragon Networks(CRNT) ZACKS·2025-02-06 10:21
Ceragon Networks (CRNT) shares ended the last trading session 11.4% higher at $5.37. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.1% loss over the past four weeks.The increase in share price can be attributed to robust demand for Ceragon’s solutions, driving a 17.7% revenue increase in the last reported quarter. The company is experiencing a strong pipeline of opportunities, especially in the private networks ...