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Shares of Cisco Systems Inc. (CSCO) shed 1.00% to $61.50 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's second consecutive day of losses. Cisco Systems Inc. closed $2.79 below its 52-week high ($64.29), which the company achieved on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 4.23% to $304.80, International Business Machines Corp. (IBM) rose 0.88% to $134.76, and VMware Inc. (VMW) rose 0.41% to $123.40. Trading volume (14.8 M) remained 7.7 million below its 50-day average volume of 22.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
(END) Dow Jones Newswires
January 13, 2022 16:47 ET (21:47 GMT)
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