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Shares of Cisco Systems Inc. (CSCO) shed 1.13% to $49.00 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 32,223.42 and the S&P 500 Index falling 0.39% to 4,008.01. Cisco Systems Inc. closed $15.29 short of its 52-week high ($64.29), which the company reached on December 29th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 0.15% to $261.50, International Business Machines Corp. (IBM) rose 1.07% to $135.03, and VMware Inc. (VMW) rose 0.42% to $100.60. Trading volume (20.2 M) remained 850,825 below its 50-day average volume of 21.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2022.
(END) Dow Jones Newswires
May 16, 2022 16:46 ET (20:46 GMT)
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