Cisco Finally Did It
ft.comIs this just a Click Bait Advertisement for the Financial Times? The link is just "Cisco Finally Did it, now subscribe to find out what they did." and the HN headline is just as useless.
Everything journalism is trending towards paywalls.
Their stock price recently passed the split adjusted highs of 2000.
Wonder if we'll see a similar headline about NVDA in 2050.
I was wondering about this a few weeks ago, if it would ever happen. Congrats, I guess.
Wait, this isn't inflation-adjusted. It needs 2x to realistically be worth more.
> It only took 25 years, eight months and 13 days, but the stock of Cisco Systems finally hit a new record high.
The real question is whether the stock craters again after this bubble pops. CSCO has nearly doubled in the last year. Hopefully sound fundamentals will be enough to dodge the next crash.