$ADTN got absolutely crushed after it pre-released Q2.
One of the biggest reasons was that a major European customer delayed its next project phase.
Revenue missed. Margins collapsed. The stock went from the 11s into the 9s and eventually traded into the 7s.
The market
Gaetano@Gaetano2026
$ADTN got absolutely crushed after it pre-released Q2. One of the biggest reasons was that a major European customer delayed its next project phase. Revenue missed. Margins collapsed. The stock went from the 11s into the 9s and eventually traded into the 7s. The market