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Cisco: While remaining a dominant presence in IT hardware and services, Cisco's stock price dropped over 89% during the dot-com bubble and as of 2022 had not recovered to its peak price from early 2000. [3] Cobalt Networks: Its stock price rose over 400% on its first day of trading; acquired by Sun Microsystems for $2 billion in December 2000.
Despite a rebound, it'll be a while before shareholders can expect a stock split. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
A class action lawsuit filed on April 20, 2001, accused Cisco of making misleading statements that "were relied on by purchasers of Cisco stock" and of insider trading. [195] While Cisco denied all allegations in the suit, on August 18, 2006, Cisco's liability insurers, its directors and officers paid the plaintiffs US$91.75 million to settle ...
Cisco's previous largest acquisition was tied between Cerent Corporation and Scientific Atlanta for $6.9 billion in 1999 and 2005 respectively. [ 4 ] [ 5 ] The majority of companies acquired by Cisco are based in the United States (U.S.) and a total of 149 companies had been acquired as of March 2011 [update] . [ 6 ]
Arista Networks completed a 4-for-1 stock split, payable Dec. 3, 2024. Palo Alto Networks initiated a 2-for-1 stock split, payable Dec. 13, 2024. There's a good reason investors are so enamored ...
In a reverse stock split, your current shares are exchanged for fewer shares. When the split occurs, the share price also changes automatically to reflect the exchange ratio. That is, regardless ...
There are three dates to be aware of in the event of a stock split: Record date: The record date is the date on which you need to be a shareholder of record in order to participate in the split.
The company has split its stock twice in the last five years: a 4-for-1 split in 2021 followed by a 10-for-1 split in June of this year, bringing its share price to a more affordable $118.