This morning the tech heavy NASDAQ Composite is trading sharply lower ahead of the opening bell at 9:30 am EST. The decline comes as Cisco Systems Inc. (NYSE:CSCO) reported earnings last night. The stock is selling off by $2.25 to $19.80 a share this morning. This is a better than 10.0 percent haircut in this leading networking stock.
Other leading networking stocks could be under pressure today in sympathy to the Cisco Systems earnings. Juniper Networks Inc. (NASDAQ:JNPR), Riverbed Technology Inc. (NASDAQ:RVBD), Finisar Corp. (NASDAQ:FNSR), and F5 Networks Inc. (NASDAQ:FFIV)are some of the stocks that will be in play today. Networking stocks will be in focus this morning after the negative Cisco Systems earnings reaction.