If you bought Cisco Systems on March 27, 2000, you’re finally whole. After nearly 26 years in the wilderness, shares of Cisco have climbed above their dotcom bubble intraday peak, closing a long chapter for what was once the era’s ultimate poster child for internet excess. The stock eclipsed the record close it reached last year. The recovery has been a long one. After peaking in March 2000, Cisco’s shares tanked nearly 90% as the dot-com bubble burst, eventually closing at a split-adjusted $8.60 on Oct. 8, 2002. Today’s Cisco looks little like the hardware-centric growth engine that briefly became the world’s most valuable company at the height of the internet mania. Cisco is now a cash-generative company, increasingly oriented toward software and services and tying itself closely to the artificially intelligence boom. While networking hardware remains its foundation, the company now sells a growing suite of software and services spanning cybersecurity, observability and cloud…
For Immediate Release 2025-05-15 18:16:00 Daily UnitedHealth Group IncorporatedUnitedHealth Group dragged heavily on the Dow, falling 15% to a five-year…