Infinera shares are trading higher following a report suggesting Nokia is considering an acquisition of the company.
Portfolio Pulse from Benzinga Newsdesk
Infinera shares are trading higher following a report suggesting Nokia is considering an acquisition of the company.
June 28, 2024 | 11:42 am
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POSITIVE IMPACT
Infinera shares are trading higher due to reports that Nokia is considering acquiring the company.
The potential acquisition by Nokia is a significant event for Infinera, likely driving its stock price up in the short term due to investor optimism and speculation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100