Cisco Systems shares closed at a record level, exceeding prices last seen during the dot-com bubble more than two decades ago. The stock finished at $80.25, narrowly topping its March 2000 high and setting a new historical closing record.
For long-term investors, the move carries symbolic weight. Shareholders who bought Cisco at the height of the tech bubble and held through multiple market cycles have, for the first time, fully recovered their initial investment after 25 years.
The rally reflects Cisco’s evolution into a more stable, cash-generating business, driven by software subscriptions, networking infrastructure, and growing demand from cloud computing and AI-related data center expansion.