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The Ratings Game: Cisco stock faces worst day in nearly a decade as cost cuts create more coronaviru

MarketWatch.com - Software Industry News 13.08.2020 20:34 Cisco Systems Inc. shares faced their worst one-day drop in nearly a decade Thursday, after the networking giant’s decision to circle the wagons in the form of cost cuts as the company suffers from increasingly selective enterprise spending during the COVID-19 pandemic.