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Cisco Systems, Inc. (CSCO) Stock: Uncovering 52-Week Market Trends

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Cisco Systems, Inc.’s current trading price is -14.93% away from its 52-week high, while its distance from the 52-week low is 8.66%. The stock’s price range during this period has varied between $45.56 and $58.19. The company, active in the Technology sector, saw a trading volume of around 18.61 million for the day, considerably lower average daily volume of 19.72 million observed over the last three months. Cisco Systems, Inc.’s stock has seen a smooth

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Cisco Systems, Inc. (CSCO) Stock Taking Steps Ahead in Aftermarket, Here’s Why

Cisco Systems, Inc. (CSCO), a worldwide leader in networking for the internet, has gained an increase of 3.50% in aftermarket trading session and as a result is trading at $56.15 at the time of the writing. During Wednesday’s regular trading session, the stock slightly decreased by 0.037% during the day and closed at $54.25. The increase in aftermarket could be attributed to the earnings announcement. CSCO Reported Q2 2022 Results On Wednesday, CSCO announced the earnings results for the second quarter of the fiscal year 2022. The quarter came to an end on 29th January 2022. The revenue generated during the quarter

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Acacia Communications Inc (ACIA) – Cisco Systems Inc (CSCO) deal has overcome the last hurdle

The Chinese government has approved the Cisco Systems Inc (CSCO) deal to purchase Acacia Communications Inc (ACIA). An earlier agreement almost failed, but now the two industry leaders are seeking to merge. This would result in the first-ever all-in-one communication equipment manufacturer. Chinese authorities have authorized the merger of Cisco and Acacia Communications Inc (ACIA). Cisco is delighted with this news as it continues to work hard to close the deal. For the deal to accomplish, Cisco increased its offer this month despite a ban imposed by Chinese regulators on Acacia to pull out of the deal. The company has

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