are spending another day trading lower -- after being down for
two consecutive sessions -- even as the company signed an agreement with Internet infrastructure company
Ciena, an optical networking company, said Genuity will use the company's MultiWave CoreDirector intelligent optical core switching systems in its nationwide network.
trading, shares of Ciena were recently down $3.81, or 5.3%, to $68.81. Genuity was down 28 cents, or 6.3%, to $4.19.
Ciena lost significant ground in the previous two trading sessions as investors have grown alarmed by the near-death status of one of its bigger European customers.