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Why the Ceragon Networks Ltd. (CRNT) shares are climbing in the pre-market session?

NXTP Stock

NXTP Stock

Ceragon Networks Ltd. (NASDAQ: CRNT) shares jumped 53.97% to $4.85 in the pre-market session. How come this stock is climbing today? Other than “confuse investors,” there’s no obvious answer to that question. The only news this week directly related to this stock was the announcement on January 13, 2021, that on Monday, February 8, 2021, before the Market opens, the company will release its fourth quarter and full-year earnings results.

Following the release of the results, the Company will answer questions from the investment community following a conference call at 9:00 a.m. ET that same day. Investors are invited to join by calling: (877) 692-8955 (USA) / (234) 720-6979 (International) / (832) 3785.

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A live webcast of the call can be accessed at www.ceragon.com/investors/webcasts/.

For those who are unable to join live, the replay numbers are USA: (866) 207-1041 International: +1 (402) 970-0847, with access code: 4510933. This audio replay will be available through March 8, 2021.

Company info

Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless hauling specialist. We help operators and other service providers increase efficiency and enhance customer experience using cutting-edge wireless haul technology.