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NTGR's strategic expansion of its WiFi 7 portfolio is driving top-line expansion but rising costs and fierce competition in the market weigh on it.
In the latest trading session, Cisco Systems (CSCO) closed at $52.73, marking a +0.42% move from the previous day.
Cisco Systems owned a stake of about $6 million of Rubrik stock at the end of the second quarter, and sold all the shares by the end of the third.