Thread regarding Cisco Systems Inc. layoffs

Stock is way up after hours

Why? ??

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Post ID: @OP+17q4oPB5

11 replies (most recent on top)

ELT offloading shares after hours.

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Post ID: @1bjd+17q4oPB5

Just glad I unloaded all I could at $57 last year.

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Post ID: @1syg+17q4oPB5

@OP+17q4oPB5 - What kind of dumb/a– thinks the stock is up ? Are you some sort of f—/ing financially challenged mo–n ? The was at $49 a share and now its at $39. Seriously are you one of the people who has a underwater basket weaving degree and math was not your strong suit ?

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Post ID: @1doj+17q4oPB5

Cisco has some strong government contracts. Don't forget the ELT is rather talented at marketing the latest buzzwords to Wall Street.

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Post ID: @1nyq+17q4oPB5

Because CSCO has become a junk stock. it'll move up and down based on penny saving initiatives. no one believes it has a strategy, it just has a mid-term financial management tactic.

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Post ID: @1jbs+17q4oPB5

Every day (or usually every quarter) when 10,000 employees that get fired raises the stock one dollar?

So, it went up two dollars. today.

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Post ID: @xht+17q4oPB5

You’re welcome.......I took the ER so you can keep your job, your ESPP / RSU increase in value and you get your full bonus in FY21

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Post ID: @kfz+17q4oPB5

LOL.....You call this up??????

  1. 91 +0.02
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Post ID: @hur+17q4oPB5

Stonks only go up, baby!

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Post ID: @cmn+17q4oPB5

It was up $2 but now is back down.

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Post ID: @zql+17q4oPB5

no idea but i wish it would keep going that direction.

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Post ID: @knp+17q4oPB5

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