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Shares of Cisco Systems Inc. (CSCO) rose 2.63% to $49.56 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. The stock's rise snapped a two-day losing streak. Cisco Systems Inc. closed $14.73 below its 52-week high ($64.29), which the company achieved on December 29th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.26% to $261.12, International Business Machines Corp. (IBM) rose 0.53% to $133.60, and VMware Inc. (VMW) rose 0.57% to $100.18. Trading volume (18.9 M) remained 2.2 million below its 50-day average volume of 21.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 16:46 ET (20:46 GMT)
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