🔴 Ciena is trading 4% down in after-hours trading as disappointing results pressure tech shares

Ciena is trading at $335.31, down 4.02%, amid broad technology weakness following disappointing Alphabet and Amazon results and concerns about AI spending.

• Ciena closed at $349.37 on October 29.
• The Nasdaq fell 2.32%, while the technology sector ETF was down 1.72% after hours.
• No company-specific announcement explaining Ciena’s after-hours decline was identified.