Shares of Juniper Networks Inc. soared 5.5% in premarket trade Friday, after the networking products company disclosed that the U.S. Department of Justice has closed its investigation into possible violations of the U.S. Foreign Corrupt Practices Act (FCPA) without taking any action. The company previously disclosed that the Securities and Exchange Commission is also conducting an FCPA investigation, which has not yet been resolved. Separately, Juniper said Chief Customer Officer Vincent Molinaro will step down, after four years in the role. He will continue has CCO until a successor has been named. The stock has shed 2.7% over the past three months through Thursday, while the S&P 500 has slipped 0.1% and the Dow Jones Industrial Average has gained 1.7%.
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