Tag Archives: csco

Arista Stock Drops On Finding In Cisco Patent Case

Arista Networks (ANET) stock slipped Thursday on reports that International Trade Commission attorneys had determined the network gear maker infringed on three patents as part of an ongoing dispute with rival Cisco Systems (CSCO). Arista shares were down about 5% to near 70 in afternoon trade in the stock market today, while Cisco was up nearly 2% near 26. The legal wrangling between the two rivals began in December, when Cisco filed a complaint

Tech Stocks Traded Most Today: Sprint, Apple And …

Solar company SunEdison (SUNE), Sprint (S) and Apple (AAPL) made up the market’s most active tech stocks Tuesday. Micron Technology (MU) and Cisco Systems (CSCO) also moved in high volume, as didMicrosoft (MSFT) and Facebook (FB), with the latter up more than 1% after an analyst price target hike. Solar Shares Fly Trading in SunEdison stock neared 66 million shares in the stock market today, more than triple its average volume. SunEdison fell a

Alibaba Slash Attack Grows; Cisco, Monster Raised

The price-target slash attack on China e-commerce giant Alibaba Group (BABA) continued, while Cisco Systems (CSCO) and others received price target increases Thursday. After several analysts cut their price target on Alibaba stock Thursday morning, following its quarterly earnings the day before, others followed. Credit Suisse cut Alibaba to 105 from 114. HSBC cut it to 117 from 124. Price cuts also came from MKM Partners and Axiom Securities.