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Cisco stock slips under June peak going into Juneteenth break as AI networking bet under pressure
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Cisco stock slips under June peak going into Juneteenth break as AI networking bet under pressure
Cisco closed at $119.54, down 1.3% for the holiday-shortened week and well below its June 4 high, as investors weigh whether strong AI infrastructure orders and a raised $9 billion full-year AI order target can offset margin pressures, tariffs, and restructuring costs when markets reopen after Juneteenth. The post Cisco stock slips under June peak going into Juneteenth break as AI networking bet under pressure appeared first on TechStock².
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