Cisco Tops Networking Market | Enterprise Networking Planet

Cisco Tops Networking Market

Cisco Tops Networking Market

After reporting better-than-expected earnings and giving investors reason to believe its turnaround plan will work, Cisco Systems (NASDAQ: CSCO) shares popped 18 percent in intraday trading. Networking rivals Juniper Networks (NASDAQ: JNPR), Riverbed Technology (NASDAQ: RVBD) and Brocade Communications Systems (NASDAQ: BRCD) disappointed investors with their recent earnings announcements, and shares plunged.

Aug 15, 2011
1 minute read
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After reporting better-than-expected earnings and giving investors reason to believe its turnaround plan will work, Cisco Systems (NASDAQ: CSCO) shares popped 18 percent in intraday trading. Networking rivals Juniper Networks (NASDAQ: JNPR), Riverbed Technology (NASDAQ: RVBD) and Brocade Communications Systems (NASDAQ: BRCD) disappointed investors with their recent earnings announcements, and shares plunged.

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