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China stocks slip after growth target released, as Ciena shares pop on earnings beat

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Here are some of the most active premarket movers on Monday. U.S. stock futures pointed to a slow start after a two-day rally.

Here are some of the most active premarket movers on Monday. U.S. stock futures ES00 pointed to a slow start after a two-day rally.

Ciena CIEN shares jumped 13% after the optical... Here are some of the most active premarket movers on Monday. U.S. stock futures ES00 pointed to a slow start after a two-day rally. Ciena CIEN shares jumped 13% after the optical networking company’s earnings topped Wall Street estimates comfortably. KB Home shares KBH fell 1% after JPMorgan downgraded the builder to underweight, as D.R. Horton DHI also fell 1% on a downgrade to neutral. The same broker upgraded Meritage Homes MTH to overweight, lifting the stock by 1%.

 

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Ciena stock shoots up nearly 10% after big earnings beat, with strength in networking businessShares of Ciena Corp. shot up 9.6% toward a 6 1/2-month high in premarket trading Monday, after the optical networking company reported fiscal first-quarter...
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