Stocks are experiencing a slowdown due to declining revenue caused by an inventory correction. This has led to a decrease in stock values as companies adjust their inventory levels. The overall market has been impacted by this trend, with investors becoming more cautious about the future performance of these stocks. This adjustment is seen as a necessary step to rebalance the market and address any imbalances in supply and demand. Investors are closely monitoring the situation to see how companies will manage this challenging period and if they can rebound from any losses incurred.
Article Source
https://www.msn.com/en-us/money/markets/is-cisco-stock-a-buy-after-slumping-last-week/ar-BB1mLUrp?ocid=finance-verthp-feeds