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Shares of Cisco Systems Inc. (CSCO) advanced 1.22% to $62.28 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,725.79 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. This was the stock's third consecutive day of gains. Cisco Systems Inc. hit a new 52-week high, surpassing its previous peak of $61.60, which the company reached on December 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 0.45% to $334.69, International Business Machines Corp. (IBM) rose 0.68% to $130.63, and VMware Inc. (VMW) rose 1.29% to $116.89. Trading volume (17.6 M) remained 3.9 million below its 50-day average volume of 21.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2021.
(END) Dow Jones Newswires
December 23, 2021 16:47 ET (21:47 GMT)
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