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Shares of Cisco Systems Inc. (CSCO) shed 0.33% to $63.16 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. This was the stock's third consecutive day of losses. Cisco Systems Inc. closed $1.13 short of 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 Monday, as Microsoft Corp. (MSFT) fell 0.47% to $334.75, International Business Machines Corp. (IBM) rose 1.78% to $136.04, and VMware Inc. (VMW) rose 2.00% to $118.20. Trading volume (17.1 M) remained 4.5 million below its 50-day average volume of 21.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.
(END) Dow Jones Newswires
January 03, 2022 16:47 ET (21:47 GMT)
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