Cisco stock plunges more than 15% after sales miss, annual forecast reduction

Cisco Systems Inc. shares plunged in the extended session Wednesday after the maker of network services, videoconferencing tools and security software’s revenue results and outlook for the current quarter fell well short of Wall Street expectations because of COVID lockdowns in China and the impact of the war in Ukraine.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.