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Ciena Corporation (NASDAQ: CIEN) shares surged 13.83 percent to close at $23.54 a share Wednesday. The stock traded between $21.97 and $23.66 on volume of 18.30 million shares traded. The company reported net loss shrunk to $1.2 million for the third quarter of fiscal 2013, from a net loss of $29.8 million a year ago. Shares of Ciena have gained approximately 50.0 percent year-to-date.
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Dollar General Corp. (NYSE: DG) shares gained 4.66 percent to close at $56.39 a share Wednesday. The stock traded between $55.29 and $57.42 on volume of 9.70 million shares traded. The company reported a net income of $245 million for the second quarter of 2013, an increase of 15 percent when compared to a year ago. Shares of Dollar General have gained approximately 28.0 percent year-to-date.
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E TRADE Financial Corp. (NASDAQ: ETFC) shares increased 8.05 percent to close at $15.71 share Wednesday. The stock traded between $14.81 and $15.97 on volume of 10.18 million shares traded. The company announced that it has received regulatory approval to dividend bank capital to its parent company. Shares of E TRADE Financial have gained approximately 75.0 percent year-to-date.
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Micron Technology, Inc. (NASDAQ: MU) shares spiked 5.30 percent to close at $14.75 a share Tuesday. The stock traded between $14.44 and $15.27 on volume of 117.52 million shares traded. According to Stern Agee, a disruption at a SK Hynix facility in China could have a positive effect on DRAM-NAND pricing. Shares of Micron Technology have gained approximately 130.0 percent year-to-date.
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