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Uptrend Stocks At Street: Infinera Corporation (NASDAQ:INFN), Fortinet Inc. (NASDAQ:FTNT), The Cheesecake Factory Incorporated (NASDAQ:CAKE)

Uptrend Stocks At Street: Infinera Corporation (NASDAQ:INFN), Fortinet Inc. (NASDAQ:FTNT), The Cheesecake Factory Incorporated (NASDAQ:CAKE)
Written by
Ryan Mitchell
Published on
October 23, 2014
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Infinera Corporation (NASDAQ:INFN) declared that its third quarter earnings of $0.11 a share, excluding non-recurring items, $0.04 improved than the Capital IQ Consensus anticipates of $0.07; revenues rose 22.2% year/year to $173.55M as compared to the $170.88M consensus. Infinera Corporation (NASDAQ:INFN) stock has highest price of $10.91 in last session, beginning with a price of $10.85 and reported a decrease of -2.03% to the closed at $10.61 with a day range of $10.60-$10.91. The stock is going forward its 52-week low with 52.44% and moving down from its 52 week high price with -10.46%.Fortinet Inc. (NASDAQ:FTNT) released that its third quarter earnings of $0.12 a share, $0.01 better than the Capital IQ Consensus anticipates of $0.11; revenues moved up 25.0% year/year to $193.3M as compared the $184.84M consensus. Fortinet Inc. (NASDAQ:FTNT) stock hit highest price at $25.65, beginning with a price of $25.40 and reported a decrease of -0.40% to the closed at $25.17 with a day range of $24.92-$25.65. The total market capitalization remained 4.122 Billion, total volume of 3.38 Million shares held in the session was surprisingly higher than its average volume of 1698.36 shares.The Cheesecake Factory Incorporated (NASDAQ:CAKE) declared that its third quarter of 2014 earnings of $0.48 a share, $0.09 poorer than the Capital IQ Consensus Estimate of $0.57. The firm's similar restaurant sales at The Cheesecake Factory and Grand Lux Cafe surged 1.8% in the third quarter of fiscal 2014. Shares of The Cheesecake Factory Incorporated (NASDAQ:CAKE) traded at $44.50 by plunging -0.34% with price volatility of 2.73% for a week and 2.39% for a month. Its beta stands at 0.97 times.

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