#ciena Tech News.
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TechThe Motley Foolabout 4 hours ago
Why Ciena Stock Stumbled TodayCiena floated a $2 billion senior convertible note offering with a $300 million 13-day option for additional purchases. The company plans to use $1.14 billion to retire debt, $140 million to repurchase stock, and remainder for supply chain investments.
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