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Cisco's stock closes at record for first time since dot-com peak in 2000
CNBC· 2025-12-11 06:34
Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024.Few companies were as hot in early 2000 as Cisco, whose networking equipment served as the backbone of the internet boom.On Wednesday, Cisco's stock surpassed its dot-com peak for the first time. The shares rose almost 1% to $80.25, topping their prior split-adjusted record or $80.06 reached on March 27, 2000. That's the same day that Cisco passed Microso ...