ADTRAN Holdings, Inc. - Common Stock (ADTN)

The company announced plans to raise $150 million through the issuance of convertible senior notes maturing in 2030.

U.S. stock futures advanced on Tuesday following Monday's positive moves. Futures of major benchmark indices were higher.

US stock futures mixed this morning. Expecting earnings reports from Ferguson Enterprises, Adtran Holdings, & Brand House Collective.

Adtran Holdings saw a 9.96% drop in after-hours trading to $9.40 following the announcement of a $150 million convertible notes offering.

Ciena Corp (NYSE: CIEN) reported Q2 financial results, beating revenue estimates but missing EPS. Analysts have mixed ratings and lowered price targets.

Global markets are experiencing intense volatility, and while it seemed like a Black Monday for Wall Street was inevitable following a 13% overnight tumble of Japan’s Nikkei 225, stock indices are attemptin

U.S. stock markets saw a strong recovery on Tuesday, with both the S&P 500 and the Nasdaq 100 climbing over 2%, nearly offsetting Monday’s losses. Investors took advantage of recent volatility to buy the dip, showing continued confidence in the U.S. economy’s ability to avoid a recession.

The stock market is on track to gap-open sharply lower on Monday as negative sentiment seen in the final two sessions of last week has carried over into the new week. The index futures were all sharply lower, with the Nasdaq 100 down over 4% and volatility has spiked, with the CBOE Volatility Index, aka VIX, up over 100%.

Strong sell-off may be viewed as an opportunity to load up beaten-down stocks but traders may seek evidence regarding sustainability of uptrend.