Cisco Systems Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Cisco Systems Inc. (CSCO) slipped 0.17% to $60.36 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.14% to 4,568.02 and Dow Jones Industrial Average falling 1.23% to 34,932.16. The stock's fall snapped a three-day winning streak. Cisco Systems Inc. closed $0.44 below its 52-week high ($60.80), which the company achieved on December 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) fell 1.20% to $319.91, International Business Machines Corp. (IBM) fell 0.27% to $127.06, and VMware Inc. (VMW) rose 0.17% to $114.99. Trading volume (21.1 M) eclipsed its 50-day average volume of 20.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2021.
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(END) Dow Jones Newswires
December 20, 2021 16:47 ET (21:47 GMT)
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