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Shares of Cisco Systems Inc. (CSCO) inched 0.25% higher to $60.46 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.03% to 4,620.64 and Dow Jones Industrial Average falling 1.48% to 35,365.44. This was the stock's third consecutive day of gains. Cisco Systems Inc. closed $0.30 short of its 52-week high ($60.76), which the company reached on December 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.34% to $323.80, International Business Machines Corp. (IBM) rose 1.17% to $127.40, and VMware Inc. (VMW) rose 0.32% to $114.79. Trading volume (60.7 M) eclipsed its 50-day average volume of 19.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2021.
(END) Dow Jones Newswires
December 17, 2021 16:47 ET (21:47 GMT)
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