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Shares of Cisco Systems Inc. (CSCO) sank 0.11% to $44.74 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. This was the stock's second consecutive day of losses. Cisco Systems Inc. closed $19.55 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 Monday, as Microsoft Corp. (MSFT) fell 2.25% to $241.55, International Business Machines Corp. (IBM) rose 0.72% to $144.20, and VMware Inc. (VMW) fell 0.34% to $115.57. Trading volume (21.1 M) eclipsed its 50-day average volume of 19.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 16:47 ET (21:47 GMT)
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