Juniper Remains Sluggish

Following Friday's positive comments from Cantor Fitzgerald, Juniper Networks finished the session with a 2% gain. This was the best performance for JNPR since the huge JANA Partners-inspired breakout gap on Jan. 24. In late January, the stock left behind a spike high on the JANA news but managed a modest bounce after filling the gap in early February. JNPR came within $0.40 of its January peak on Feb. 20 before rolling over during the final week of the month. This drift lower has continued into March and will likely carry the stock lower in the near term.

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