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Shares of Cisco Systems Inc. (CSCO) slipped 0.56% to $49.33 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,123.34 and Dow Jones Industrial Average falling 0.30% to 32,899.37. This was the stock's second consecutive day of losses. Cisco Systems Inc. closed $14.96 short of 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 Friday, as Microsoft Corp. (MSFT) fell 0.94% to $274.73, International Business Machines Corp. (IBM) rose 1.29% to $137.67, and VMware Inc. (VMW) fell 3.72% to $100.63. Trading volume (21.6 M) eclipsed its 50-day average volume of 20.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2022.
(END) Dow Jones Newswires
May 06, 2022 16:46 ET (20:46 GMT)
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