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Shares of Cisco Systems Inc. (CSCO) slumped 0.53% to $63.62 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.30% to 4,778.73 and Dow Jones Industrial Average falling 0.25% to 36,398.08. The stock's fall snapped a six-day winning streak. Cisco Systems Inc. closed $0.67 below its 52-week high ($64.29), which the company reached on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.77% to $339.32, International Business Machines Corp. (IBM) rose 0.42% to $133.91, and VMware Inc. (VMW) fell 0.53% to $117.26. Trading volume (9.0 M) remained 12.4 million below its 50-day average volume of 21.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2021.
(END) Dow Jones Newswires
December 30, 2021 16:47 ET (21:47 GMT)
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