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ADTRAN Inc. (ADTN) Has Fallen To A 2-Month Low

ADTRAN Inc. (ADTN) gapped open slightly lower Friday and has continued to decline in early trade. The stock is now down 1.92 at $30.38.

ADTRAN Inc. has fallen below a week and a half long range and has set a 2-month low.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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The International Monetary Fund said strong mutual policy action is needed to lift growth, as transition in China and lower commodity prices pose downside risks to global economic outlook. "Risks are tilted to the downside, and a simultaneous realization of some of these risks would imply a much weaker outlook," the lender said in a note prepared ahead of the G-20 finance ministers meeting. Following the sell-off seen in the previous session, stocks showed a strong move back to the upside during trading on Wednesday. The markets benefited from a positive reaction to the latest batch of economic news. Frontier Airlines has crashed its own website after offering $1 fares from select U.S. markets.
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