Was The Selloff In Cisco Stock Justified?
- Tuesday, August 18, 2020, 7:14
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Cisco stock (NASDAQ: CSCO) lost nearly 30% – dropping from $49 at the beginning of the year to nearly $34 in late March – then spiked 25% to around $42 now. But the company recently saw its stock tank 11% – a drop that we believe is not justified.