was down 10.1% in early trading after hitting a 52-week low of $31.28.
After the close Tuesday, the company posted second-quarter results that missed estimates by 1 cent, the first earnings miss for Cisco in three years. Sales also fell short of the Street's estimate.
In addition, the network equipment maker said growth would come to a halt in the next six months.
Several analysts piled in with downgrades and estimate cuts.
Other network companies were down as well.
hit a 52-week low of $25.25.
Analysts said contract electronics manufacturers would also be hurt by Cisco.
was down 7.3%.
was down 4.3%.
Communications chipmakers were also affected.
was down 6.3% and