Calix, Inc. shares fall 2.73% intraday despite industry veteran Mike Berry nominated to join board.

Calix, Inc. declined 2.73% in intraday trading. The company announced that Mike Berry, the former CFO of NetApp, has been nominated to join its board of directors. Berry's extensive experience and reputation for driving profitable growth are expected to provide valuable counsel as Calix continues to innovate in the broadband industry.