This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Cisco Systems Inc. (CSCO) dropped 0.40% to $62.12 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. The stock's fall snapped a four-day winning streak. Cisco Systems Inc. closed $2.17 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 Wednesday, as Microsoft Corp. (MSFT) rose 1.04% to $318.27, International Business Machines Corp. (IBM) rose 0.54% to $133.59, and VMware Inc. (VMW) fell 1.09% to $122.90. Trading volume (13.3 M) remained 9.4 million below its 50-day average volume of 22.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
(END) Dow Jones Newswires
January 12, 2022 16:47 ET (21:47 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.