Cisco stock price closed at $48
Cisco stock price closed at $48.94 while maintaining a tight range over the past five sessions. Earnings season anticipation could drive higher volatility as investors reprice growth expectations. So, over the past two months, the expected return (ER) is now 2.223 % (i.e., 1% +1.223%). If the investor can repeat this over the next 6 months, the ER is Cisco believes that the presentation of non-GAAP measures when shown in conjunction with the corresponding GAAP measures, provides useful information to investors and management regarding financial and business trends relating to its financial condition and its historical and projected results of operations. Cisco stock price hovered at $49.10 intraday, driven by optimism over demand in data center and security products. Trading volumes remain above the 20-day average, hinting at increased investor interest in the stock’s medium-term potential.
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