CSCO is trading 3.3% down now at $115.09 following reports that a critical zero-day software vulnerability in its Catalyst SD-WAN Manager was actively exploited for root access months before being patched.
- The security flaw allowed unauthorized root access, prompting investors to reassess potential liability and long-term security risks for the networking giant.
- Broader market conditions are adding to the downward pressure, with the Nasdaq weakening and general investor caution toward the technology sector.