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Chronicles

The story behind the story

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Cisco's stock touched a new record high of $80.25 on December 10, surpassing its previous split-adjusted high of $80.06 on March 27, 2000; CSCO is up 31.64% YTD

🥳🥳🥳🥳🥳  —  It only took 25 years, eight months and 13 days, but the stock of Cisco Systems finally hit a new record high.

Financial Times Robin Wigglesworth

Discussion

  • @morningbrew @morningbrew on x
    Welcome back, Cisco Shares closed at a record high today for the first time since March 27th, 2000 The dot-com bubble has finally ended [image]
  • @business @business on x
    Cisco, a bellwether stock of the dot-com technological revolution, has returned to a record after a quarter century, thanks in part to the AI spending boom https://www.bloomberg.com/...
  • @jessefelder Jesse Felder on bluesky
    ‘It only took 25 years, eight months and 13 days, but the stock of Cisco Systems finally hit a new record high.  Why do we care?  Well, only because of the potential parallels with the current AI mania in general — and Nvidia in particular.’ www.ft.com/content/b27a...  [image]