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Stocks in Momentum: Ascena Retail Group, Ciena, JDS Uniphase, ADTRAN, Finisar, Exelon, Just

Ascena Retail Group Inc (NASDAQ:ASNA) declared that its fiscal Q3 earnings dropped 37% as the women’s apparel retailer recorded higher expenses and acquisition-related costs, masking revenue growth.

Shares of Ascena Retail Group Inc (NASDAQ:ASNA) opened at $18.05 with 158.66 million outstanding shares and touched its highest price of $18.30 during the day and then finished at $18.13 by scoring -8.71%. In the whole session, it traded on volume of 5.22 million shares which turned higher than its average volume.

Ciena Corporation (NASDAQ:CIEN) reported that its fiscal Q2 loss narrowed as the networking-equipment firm’s revenue topped its own forecast. The firm as well anticipated current-quarter revenue above analysts’ predicted.

Ciena Corporation (NASDAQ:CIEN) stock hit highest price at $19.19, beginning with a price of $18.45 and reported a gain of +17.41% to the closed at $19.15 with a day range of $18.17-$19.19. The total market capitalization remained $1.94 billion, total volume of 24.01 million shares held in the session was surprisingly higher than its average volume of 3.35 million shares.

Fellow suppliers also increased, counting JDS Uniphase Corp (NASDAQ:JDSU), ADTRAN, Inc. (NASDAQ:ADTN), and Finisar Corporation (NASDAQ:FNSR).

JDS Uniphase Corp (NASDAQ:JDSU) begun last trade with a price of $13.70 and throughout the trading session climbed at a high of $14.23. The day-trade ended with an advance of +8.30% to $14.22. The stock is going forward its 52 week low with 67.89% and lagging behind from its 52 week high price with -9.02%. JDSU last month stock price volatility remained 2.61%.

Shares of ADTRAN, Inc. (NASDAQ:ADTN) traded at $23.53 by plunging +5.07% with price volatility of 3.38% for a week and 2.85% for a month. Its price volatility’s Average True Range for 14 days was 0.74 and its beta stands at 1.16 times. The stock after opening at $23.53 hit high price of $24.55 and on last session stock held volume of 918,694 shares which was unexpectedly higher than its average volume of 786,936 shares.

Finisar Corporation (NASDAQ:FNSR) stock hit highest price at $13.95, beginning with a price of $13.50 and reported a gain of +4.89% to the closed at $13.52 with a day range of $13.41-$13.95. The stock is going forward its 52 week low with 23.47% and lagging behind from its 52 week high price with -21.12%.

Exelon Corporation (NYSE:EXC) stock hit highest price at $31.59, beginning with a price of $31.34 and reported a gain of +0.29% to the closed at $31.50 with a day range of $31.25-$31.59. The total market capitalization remained $26.96 billion, total volume of 7.64 million shares held in the session was surprisingly higher than its average volume of 26.96 million shares.

Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE) begun last trade with a price of $6.63 and throughout the trading session climbed at a high of $6.75. The day-trade ended with an advance of +0.45% to $6.68. The stock is going forward its 52 week low with 18.30% and lagging behind from its 52 week high price with -37.06%. JE last month stock price volatility remained 3.74%.


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