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Shares of Cisco Systems Inc. (CSCO) rallied 1.11% to $61.03 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.78% to 4,649.23 and the Dow Jones Industrial Average rising 1.60% to 35,492.70. Cisco Systems Inc. hit a new 52-week high, surpassing its previous peak of $60.80, which the company achieved on December 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 2.31% to $327.29, International Business Machines Corp. (IBM) rose 1.50% to $128.97, and VMware Inc. (VMW) rose 0.77% to $115.88. Trading volume (20.1 M) remained 946,154 below its 50-day average volume of 21.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2021.
(END) Dow Jones Newswires
December 21, 2021 16:47 ET (21:47 GMT)
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