Cisco Systems Inc. Stock Outperforms Competitors On Strong Trading Day

Tenneco Inc

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Consumer Discretionary : Auto Components | Small Cap Value

Company profile

Tenneco Inc. designs, manufactures, markets, and distributes products and services for light vehicle, commercial truck, off-highway, industrial, motorsport, and aftermarket customers. The Company operates through four segments: Motorparts, Performance Solutions, Clean Air, and Powertrain. The Motorparts segment designs, manufactures, sources, markets, and distributes a portfolio of brand-name products in the global vehicle aftermarket while also servicing the original equipment service (OES) market. Its Motorparts products are marketed and sold under brand names, including Monroe, Champion, MOOG, Walker, Fel-Pro and others. The Performance Solutions segment designs, manufactures, markets, and distributes a variety of products and systems designed to optimize the ride experience. The Clean Air segment designs, manufactures, and distributes a range of products and systems designed to reduce pollution and optimize engine performance, acoustic tuning, and weight on various vehicles.

Cisco Systems Inc. Stock Outperforms Competitors On Strong Trading Day

4:47 pm ET December 16, 2021 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Cisco Systems Inc. (CSCO) inched 0.63% higher to $60.31 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.87% to 4,668.67 and Dow Jones Industrial Average falling 0.08% to 35,897.64. This was the stock's second consecutive day of gains. Cisco Systems Inc. hit a new 52-week high, surpassing its previous peak of $60.27, which the company achieved on August 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 2.91% to $324.90, International Business Machines Corp. (IBM) rose 2.29% to $125.93, and VMware Inc. (VMW) rose 1.00% to $114.42. Trading volume (23.6 M) eclipsed its 50-day average volume of 19.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2021.

-MarketWatch Automation

(END) Dow Jones Newswires

December 16, 2021 16:47 ET (21:47 GMT)