Tellabs, Inc. (NASDAQ:TLAB) surged 1.01% to $6.00 on a massive volume of 2.36 million shares. The stock has a 52-week range of $3.52-$7.70. Tellabs, Inc. is engaged in designing and marketing equipment and services to communications customers worldwide. The Company’s products and services enable its customers to deliver wireline and wireless voice, data and video services to business and residential customers. It sells its products domestically and internationally through its field sales force and distributors/partners.
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Sonus Networks, Inc. (NASDAQ:SONS) spurted 5.60% is trading at $2.45 with a massive volume of 1.93 million shares after the stock was upgraded by Cantor Fitzgerald from Hold to Buy. The stock today also touched a new 52 week high at $2.58. Sonus Networks, Inc. is a provider of voice infrastructure solutions for wireline and wireless service providers. Its products are a generation of carrier-class infrastructure equipment and software that enables voice services to be delivered over Internet protocol (IP) packet-based networks.
Leap Wireless International, Inc. (NASDAQ:LEAP) notched up 6.21% to $17.44 on a massive volume of 1.77 million shares. The stock has a 52-week range of $11.98-$42.47. Leap Wireless International, Inc. (Leap) is a wireless communications carrier that offers digital wireless service in the United States under the Cricket brand. Cricket service is offered by Cricket, a wholly owned subsidiary of Leap, and is also offered in Oregon by LCW Wireless Operations, LLC (LCW Operations), and in the upper Midwest by Denali Spectrum Operations, LLC (Denali Operations).
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