Cisco stock price drops as tariff fears shake tech; Wi‑Fi 7 campus deal in focus
Cisco shares fell 2.45% to $73.35 Tuesday as Wall Street posted its sharpest drop in three months after President Trump announced new tariffs on European imports. Trading volume reached 23.8 million shares. Cisco also unveiled a multi-year campus network deal with Georgetown University and a new tech partnership with Australian AI firm SharonAI. The company declared a $0.41 quarterly dividend, payable Jan. 21.