NEW YORK, December 30, 2025, 11:31 ET — Regular session
- Cisco shares were down about 0.5% in late-morning trade, underperforming a little-changed broader market.
- Traders pointed to thin, year-end liquidity and a second day of pressure in parts of U.S. tech.
- Investors are watching the Federal Reserve’s December meeting minutes and Cisco’s Jan. 2 ex-dividend date.
Cisco Systems, Inc. shares dipped on Tuesday, tracking a cautious turn in large-cap tech and year-end repositioning with Federal Reserve minutes due later in the day.
The move matters because liquidity is thinner than normal in the holiday-shortened week, which can amplify small shifts in sentiment. U.S. markets are closed on Thursday for New Year’s Day, leaving investors a narrow window to adjust portfolios before 2026. 1
Cisco’s modest decline also comes a day after U.S. stocks ended lower as heavyweight technology names retreated from last week’s record-high levels in the S&P 500. Traders have been weighing whether the pullback is profit-taking into year-end or the start of a broader rotation. 2
At 11:31 a.m. ET, Cisco was down 0.46% at $77.44, after trading between $77.17 and $77.90. The stock had slipped about 36 cents from Monday’s close, with roughly 2.1 million shares traded.
The broader tape was steady: the SPDR S&P 500 ETF was little changed and the Invesco QQQ Trust, a proxy for the Nasdaq 100, was fractionally higher. That left Cisco slightly lagging the market’s drift.
“Heading into the new year, you may have some repositioning… I wouldn’t try to make too much out of anything that happens in a holiday-shortened week,” said Art Hogan, chief market strategist at B Riley Wealth, pointing to very light volumes. 1
In the absence of a fresh company catalyst, Cisco has tended to trade with broader views on enterprise IT spending and the pace of investment tied to artificial intelligence infrastructure. Cisco raised its fiscal 2026 outlook in November, citing AI-driven demand for networking equipment. 3
Income-focused investors also have a near-term calendar marker. Cisco said it declared a quarterly dividend of $0.41 per share payable on Jan. 21, 2026, to stockholders of record as of Jan. 2. 4
Nasdaq lists Jan. 2 as Cisco’s ex-dividend date — the day the stock starts trading without the right to receive the upcoming payout. 5
Peer moves in networking and data-center hardware were mixed. Arista Networks fell about 0.7%, while Dell Technologies rose about 0.6% and Hewlett Packard Enterprise was flat, underscoring the stock-by-stock nature of late-December trading.
What comes next for Cisco in the near term is less about company headlines and more about the macro tape. Investors are focused on the Fed’s December 9–10 meeting minutes and weekly jobless claims in an otherwise data-light week, after Monday’s tech-led slide. 2
For traders, Tuesday’s early range set practical levels to watch. Cisco’s session low near $77.17 has been the first downside marker, while a push back toward the day’s $77.90 high would signal a steadier tone in tech into the final sessions of 2025.
