After the crisis in 2008 subsided, market makers started accumulating Cisco as inventory between 2011 and 2014. The price rose slowly for several years until 2024 when it started going parabolic and hitting a high of 129 on June 4, 2026. Since the peak occurred, extremely large seven figure block trades have been crossing the tape (at the close) between mid-June and mid-July. This type of activity is typically from market maker’s distributing their inventory. The end result is expected to be a situation similar to what occurred between 2000 and 2001.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
