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ADTRAN Inc. (ADTN) Is Picking Up Volume As It Climbs

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4/11/2012 10:43 AM ET

ADTRAN Inc. (ADTN: Quote) reported first quarter adjusted EPS of $0.25 after the bell Tuesday, down from $0.55 in the previous year. The consensus estimate was for EPS of $0.20.

ADTRAN has been climbing for the bulk of early trade Wednesday and is now up 1.54 at $30.01. Volume has begun to increase in the last 10 minutes. The stock has rebounded off of support, following a week and a half long decline.

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by RTT Staff Writer

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