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Shares of Cisco Systems Inc. (CSCO) shed 0.42% to $56.76 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.26% to 4,688.67 and Dow Jones Industrial Average falling 0.58% to 35,931.05. This was the stock's second consecutive day of losses. Cisco Systems Inc. closed $3.51 short of its 52-week high ($60.27), which the company achieved on August 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.07% to $339.12, International Business Machines Corp. (IBM) fell 0.34% to $118.06, and VMware Inc. (VMW) fell 1.31% to $123.30. Trading volume (30.0 M) eclipsed its 50-day average volume of 16.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2021.
(END) Dow Jones Newswires
November 17, 2021 16:46 ET (21:46 GMT)
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