Home / Networking / Extreme Networks Inc. (EXTR) Plunges 6.43% on December 07 – Equities.com

Extreme Networks Inc. (EXTR) Plunges 6.43% on December 07 – Equities.com

Extreme Networks Inc. (EXTR) had a rough trading day for Friday December 07 as
shares
tumbled 6.43%, or a loss of $-0.4 per share, to close at $5.82. After opening the day at $6.18, shares of Extreme Networks Inc. traded as high as $6.22 and as
low as $5.71. Volume was 2.07 million shares over 7,351 trades, against an average daily volume of n/a shares and a total float of 118.34 million.

As a result of the decline, Extreme Networks Inc. now has a market cap of $688.72 million. In the last
year, shares of Extreme Networks Inc. have traded between a range of $15.55 and $4.81, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Extreme Networks Inc., check out Equities.com’s Stock Valuation Analysis report for
EXTR
.

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Extreme Networks provides software-driven networking services for enterprise customers. Its products include wired and wireless network infrastructure equipment and software for network management, policy, analytics, and access controls. It offers high-density Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities. Roughly half of the firm’s revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.

Extreme Networks Inc. is based out of San Jose, CA and has some 2,713 employees. Its CEO is Edward B. Meyercord.

Extreme Networks Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.


To get more information on Extreme Networks Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
EXTR’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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