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Why Cisco Stock Popped Today

TheMotleyFool

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Shares of Cisco Systems (NASDAQ: CSCO) were rising this morning after the tech company reported better-than-expected first-quarter fiscal 2023 results yesterday.

Cisco beat Wall Street's top- and bottom-line estimates in the quarter and raised its guidance, sending its stock higher today.

Its share price was up by 2.9% as of 11:22 a.m. ET.

Source Fool.com

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