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CSCO / Splunk stock jumps 20% on Cisco deal

Splunk stock jumps 20% on Cisco deal
Splunk Inc (NASDAQ: SPLK) opened more than 20% up on Thursday after Cisco Systems Inc (NASDAQ: CSCO) said it will buy the cybersecurity firm for about $28 billion. Cisco values Splunk stock at $157 The all-cash deal values each share of the Nasdaq-listed firm at $157. Read More
Posted: Sep 21 2023, 10:40
Author Name: Invezz
Views: 112523

CSCO News  

Splunk to cut 7% of workforce, or about 500 employees, ahead of Cisco acquisition

By CNBC
November 1, 2023

Splunk to cut 7% of workforce, or about 500 employees, ahead of Cisco acquisition

Cybersecurity firm Splunk will fire about 500 employees, CEO Gary Steele said, adding that it was not a result of the $28 billion Cisco deal. more_horizontal

Cisco Systems stock falls after Raymond James downgrades, citing concerns over a weak January-quarter sales outlook

By Market Watch
October 30, 2023

Cisco Systems stock falls after Raymond James downgrades, citing concerns over a weak January-quarter sales outlook

Shares of Cisco Systems Inc. CSCO, +0.37% slipped 0.2% in premarket trading, to buck the rally in the broader stock market, after the networking giant more_horizontal

Cisco Systems' Bullish Odyssey: Pioneering The Future Of Technological Excellence

By Seeking Alpha
October 27, 2023

Cisco Systems' Bullish Odyssey: Pioneering The Future Of Technological Excellence

The significant revenue growth of the Secure, Agile Networks segment is one of the crucial contributions to the rise in Cisco's operating income margi more_horizontal

Former Cisco CEO: Every company will become a tech company

By Yahoo Finance
October 27, 2023

Former Cisco CEO: Every company will become a tech company

The AI buzz has turned a new leaf—with companies moving from the phase of expressing interest in incorporation to investors expecting evidence of ad more_horizontal

Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know

By Zacks Investment Research
October 26, 2023

Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know

Zacks.com users have recently been watching Cisco (CSCO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. more_horizontal

Cisco-Nvidia team up on AI partnership

By Market Watch
October 25, 2023

Cisco-Nvidia team up on AI partnership

Cisco Systems Inc. and Nvidia Corp. on Wednesday announced their first formal partnership on — what else? — AI. more_horizontal

7 Megatrend Stocks to Buy for Mega Gains

By InvestorPlace
October 24, 2023

7 Megatrend Stocks to Buy for Mega Gains

Investors would be wise to keep an eye out for megatrend stocks. Megatrends have a global impact and tend to play out over multiple business cycles. more_horizontal

3 Stocks to Sell Covered Calls on Right Now

By InvestorPlace
October 23, 2023

3 Stocks to Sell Covered Calls on Right Now

Covered call stocks allow investors to earn additional income from their positions. It's a second dividend, and most publicly traded stocks are eligib more_horizontal


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