Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

UNCOVERED: Cisco stock plunged below its 50 day moving average should you buy the dip | History Defined

Cisco Ray Wang CSCO Cisco Systems United States

Cisco System (CSCO) is dropping today despite posting record revenue for its fiscal Q2 and beating earnings estimates. 

Investors have been put off by the company’s in-line guidance and a slight decline in non-GAAP gross margin, triggering a selloff that pushed it below its 50-day moving average (MA) on Feb. 12.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Ray Charles’ $3.5M lawsuit over 51 songs resurfaces 24 years after inheritance deal
Legendary American singer Ray Charles' complicated family legacy has resurfaced following renewed attention to a legal battle involving seven of his children and the rights to 51 of his musical compositions. In December 2002, Charles reportedly promised seven of his adult children irrevocable trusts worth $500,000 each, on the condition…
The Times of India
The Times of India
Target accused of having preservatives in mac-and-cheese despite box’s claim
Lawsuit alleges shoppers were misled into buying products they otherwise would have avoided
The Independent UK
The Independent UK
Could You Make a Thanksgiving Dinner Using Only Dollar Store Ingredients?
Thanksgiving dinner can get expensive quickly, especially when the menu includes turkey, several side dishes, desserts, and drinks. But what if you tried building the entire meal using ingredients from a dollar store? Stores such as Dollar Tree carry canned vegetables, boxed stuffing, instant potatoes, gravy mixes, baking supplies, and…
Grocery Coupon Guide
Grocery Coupon Guide
Harry Styles Reportedly Had Discussions About Playing the Next James Bond
Harry Styles as James Bond remains unconfirmed despite reported discussions, as new casting claims emerge and fans await Amazon MGM Studios' announcement
International Business Times UK
International Business Times UK
Kid Rock Reportedly Went 'Off the Grid' to Hunt an Elk Rather Than Watching the Midterm Elections
Kid Rock joked that he had missed US midterm election coverage while hunting elk in the American West, prompting reactions about politics, hunting and his support for Donald Trump.
International Business Times UK
International Business Times UK
Short Circuit: A roundup of recent federal court decisions
Geek therapy, crack felony, and some Scooby Snacks.
Reason
Reason
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play