By WSJ Staff
Cisco Systems is riding a wave of AI-related demand. That has helped the networking-equipment maker's stock finally surpass a peak that has stood for a quarter of a century.
-- Cisco stock closed Wednesday at $80.25, topping an $80.06 record set in March 2000.
-- Back then, Cisco was briefly the world's most valuable company, in what The Wall Street Journal dubbed "the Internet's latest triumph on Wall Street."But the surge quickly unwound, and Cisco stock came to symbolize the dotcom era's boom and bust.
-- While Cisco's stock price has hit a new record, its market capitalization is much lower than in 2000, because its share count has shrunk.
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(END) Dow Jones Newswires
December 11, 2025 06:48 ET (11:48 GMT)
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