Communication Equipment Stocks In Focus (PWAV, NOK, SONS, CIEN)

Powerwave Technologies, Inc. (NASDAQ:PWAV) lost 2.79% to $3.49. The stock has a 52-week range of $1.16-$4.15.

The stock has average daily volume of 2.84 million shares. At Today’s closing market price, the market capitalization of the company stands at $589.34 million.

Nokia Corporation (ADR) (NYSE:NOK) went down 1.77% to $8.34. Nokia Corporation is engaged in the manufacturing of mobile devices and in converging Internet and communications industries.

The stock opened at $8.51 and is trading within the range of $8.30-$8.51.

Sonus Networks, Inc. (NASDAQ:SONS) fell 3.23% to $3.89. The stock has a 52-week range of $2.21-$4.16.

The stock has average daily volume of 3.93 million shares. At Today’s closing market price, the market capitalization of the company stands at $1.08 billion.

Ciena Corporation (NASDAQ:CIEN) slumped 9.82% to $25.98. The stock opened at $27.60 and is trading within the range of $24.99-$28.38.