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Shares of Cisco Systems Inc. (CSCO) slipped 1.75% to $56.76 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.06% to 4,649.27 and the Dow Jones Industrial Average falling 0.44% to 35,921.23. The stock's fall snapped a two-day winning streak. Cisco Systems Inc. closed $3.51 below its 52-week high ($60.27), which the company achieved on August 25th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 0.49% to $332.43, International Business Machines Corp. (IBM) rose 0.04% to $120.27, and VMware Inc. (VMW) fell 0.62% to $124.18. Trading volume (17.0 M) eclipsed its 50-day average volume of 15.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2021.
(END) Dow Jones Newswires
November 11, 2021 16:46 ET (21:46 GMT)
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