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CSCO and PCLN Weigh on the NASDAQ as Stocks Stage a Lackluster Session
By Big_Wave_Trader on May 11, 2012
The story of the day was CSCO and its reaction to its earnings release. PCLN didn’t’ fare well either as earnings disappoints. A slightly better than expected jobless claims figure helped the market in the early going, but the market quickly turned to sloppy trade just after the open. Volume was helped out by CSCO [...]
Posted in Commentary | Tagged csco, JPM | Leave a response