5. Cisco Flips Out
Cisco ( CSCO) finally faced up to the reality of its shortsighted $590 million bet on the Flip video camera this week.
Action camera maker GoPro falls after a Chinese company introduces a drone competitor. Cisco gains ground on talk of its expansion plans in Mexico.
Cisco (CSCO) is reportedly investing $4 billion in its manufacturing and production in Mexico, a figure that includes previously planned spending, as well as new contracts.