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Cisco stock falls 12%+ as rising memory prices put pressure on the networking company's margins; it is the stock's worst day since 2022 (Lola Murti/CNBC) from Techmeme RSS feed.
Cisco stock falls 12%+ as rising memory prices put pressure on the networking company's margins; it is the stock's worst day since 2022 (Lola Murti/CNBC)
Lola Murti / CNBC:
Cisco stock falls 12%+ as rising memory prices put pressure on the networking company's margins; it is the stock's worst day since 2022 — Cisco Systems shares plunged as much as 12% Thursday as rising memory prices put pressure on the networking company's margins. It's the stock's worst day since 2022.