Cisco Rises as Sector Bounces Back

By TSC Staff ,

Cisco (CSCO) - Get Report was up 10.8% in midafternoon, the most active stock on the Nasdaq, as network equipment stocks regained some of their losses of the last few weeks.

By the end of the regular session Wednesday, Cisco had fallen 24.8% from a closing of $21.87 on June 7. In midafternoon,

JDS Uniphase

(JDSU)

was up 10.1%,

Ciena

(CIEN) - Get Report

was up 8.4%,

Brocade

(BRCD)

was up 5.8% and

Corvis

(CORV) - Get Report

was up 8.2%.

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