How To Earn $500 A Month From Cisco Systems Stock After Splunk Acquisition
Portfolio Pulse from AJ Fabino
Cisco Systems Inc has announced plans to acquire Splunk Inc for $157 per share, a total equity value of about $28 billion. The acquisition is expected to be cash flow positive and accrue gross margin in the initial fiscal year post-close and be non-GAAP EPS accretive in the following year. The deal is expected to be finalized by Q3 2024. The article also discusses how investors can earn monthly dividends from Cisco's stock.
September 21, 2023 | 9:37 pm
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POSITIVE IMPACT
Cisco's acquisition of Splunk is expected to be cash flow positive and accrue gross margin in the initial fiscal year post-close. This could potentially boost Cisco's stock in the short term.
The acquisition is expected to be cash flow positive and accrue gross margin in the initial fiscal year post-close, which could potentially boost Cisco's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Splunk is being acquired by Cisco at a premium of 31.3% on Splunk’s price as of Wednesday's market close. This could potentially boost Splunk's stock in the short term.
Splunk is being acquired by Cisco at a premium of 31.3% on Splunk’s price as of Wednesday's market close. This could potentially boost Splunk's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100