Ceragon (CRNT) Moves 15.9% Higher: Will This Strength Last?
Ceragon Networks(CRNT) ZACKS·2025-01-07 17:26
Ceragon Networks (CRNT) shares soared 15.9% in the last trading session to close at $5.48. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10% gain over the past four weeks.The increase in share price can attributed to the strong demand for its solutions which led to a 17.7% increase in revenues in the last reported quarter. Ceragon is witnessing strong funnel of opportunities, particularly in the private networks' vertical in th ...