A Reversal for DragonWave, Inc. Is Not Near. The Stock Declines Again

 A Reversal for DragonWave, Inc. Is Not Near. The Stock Declines Again

The stock of DragonWave, Inc. (TSE:DWI) is a huge mover today! About 24,305 shares traded hands. DragonWave, Inc. (TSE:DWI) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 8 months negative chart setup for the $29.23M company. It was reported on Nov, 14 by Barchart.com. We have $4.16 PT which if reached, will make TSE:DWI worth $3.22M less.

DragonWave Inc. is a provider of packet microwave solutions for Internet protocol (IP) networks. The company has a market cap of $29.23 million. The Firm operates through broadband wireless backhaul equipment segment. It currently has negative earnings. The principal application of DragonWave’s products is mobile network backhaul.

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