🔴 Ciena is trading 10.5% down today amid sector-wide pressure on AI and networking infrastructure

Ciena is trading 10.5% down at $337.80 as investors rotate out of high-beta optical and AI-adjacent networking names.

• The move represents a sharp follow-through from the July 27 selloff and broader post-earnings repositioning.
• The decline is driven by sector-wide pressure on AI and semiconductor-related infrastructure rather than any new, company-specific developments today.