TIL during height of Dotcom bubble, Cisco was the most valuable company in the world. Then stock price fell by 88% in 2 years, and never reached record price again.
https://www.hardingloevner.com/out-of-our-minds/nvidia-and-the-cautionary-tale-of-cisco-systems/
#til #todayilearned
https://www.reddit.com/r/todayilearned/comments/1g7dif1/til_during_height_of_dotcom_bubble_cisco_was_the/
https://www.hardingloevner.com/out-of-our-minds/nvidia-and-the-cautionary-tale-of-cisco-systems/
#til #todayilearned
https://www.reddit.com/r/todayilearned/comments/1g7dif1/til_during_height_of_dotcom_bubble_cisco_was_the/
NVIDIA and the Cautionary Tale of Cisco Systems - Harding Loevner
NVIDIA, the giant semiconductor company founded by Taiwanese American Jensen Huang, seems invincible these days. Annual revenue has more than doubled since 2020.Harding Loevner
