#Cisco November 18
We may earn money or products from the companies mentioned in this post.
Throughout November 2024, several of us are taking part in the 30-Day Dow Jones Coach4aday Challenge. Each day, we explore the history or learn about a company within the DJIA—a key economic and stock market indicator. Today’s post is on CISCO.
Leonard Bosack and Sandy Lerner, a husband-and-wife team from Stanford University formed CISCO in 1984. There primary innovation was the creation of the router which led to proliferation and expansion of the internet. Cisco Systems (CSCO) joined the Dow Jones Industrial Average (DJIA) on June 8, 2009, and it replaced General Motors. When it became part of the Dow its stock was trading around $13.00 a share.
Core revenue drivers for the company in 2024 include enterprise network switches, routers, and security solutions.
Dow Jones 30-Day Challenge Guidelines
Like previous challenges there are no hard and fast rules to participate. There are a few suggested guidelines
- Each day in November 2024 write about the history or a company that makes up the Dow Jones.
- Share at least one fact about that company.
- If so inclined use the hash tag #Coach4adayChallenge on social media platforms
November 18th-Cisco
When it comes to being a Global Leadership in Networking: Cisco is a dominant force with its enterprise networking, offering products and services in routing, switching, cybersecurity, cloud computing, and collaboration tools such as Webex.
Prior to being listed on DJIA in 2009 the company went thru a series of 9 stock splits. On November 15, 2024 CSCO stock price was $57.46
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