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Technology Stocks : Infinera
INFN 7.925-4.1%3:25 PM EST

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From: JCnieuwenj1/20/2021 9:43:40 AM
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The future is clear

Infinera Corporation's equity capital has been almost wiped off by its accumulated deficit. The company is presently following a restructuring plan to reduce costs and enhance efficiencies.The restructuring is showing results and the company has managed to reduce its cost of product sales by as much as 2.6%.It is all set to enjoy a near-monopoly status in the 800 gigabyte-per-second space. It is also ready to take advantage of the new incoming 5G business.
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