Juniper Networks’ 5% Stock Plunge: Supply Chain Snags Cause Surging Costs
Juniper Networks Inc., a leading technology company, reported its first-quarter earnings, beating Wall Street expectations. However, the company’s stock dropped nearly 5% in extended trading following the announcement. The primary reason for this drop was the company’s statement that ongoing parts shortages and supply chain “challenges” continue to impact its business. In the first quarter, […]