Cisco stock gains on inflation day; here’s what CSCO investors watch before Feb. 11 earnings
Cisco shares rose 1.3% to $74.97 Tuesday, outperforming a declining U.S. market after inflation data showed consumer prices up 0.3% in December. Investors are watching for Cisco’s earnings report on Feb. 11 and a $0.41 dividend set for Jan. 21. The Federal Reserve is expected to hold rates steady at its Jan. 27–28 meeting.