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Why Cisco Systems Stock Climbed 12.8% Last Month

TheMotleyFool

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Why Cisco Systems Stock Climbed 12.8% Last Month

Shares of Cisco Systems (NASDAQ: CSCO) gained 12.8% in May, according to data from S&P Global Market Intelligence. The stock rose in conjunction with momentum for the broader market, third-quarter earnings that beat expectations, and a new acquisition announced late in the month.