Cisco Systems Inc. Stock Rises Thursday, Outperforms Market
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Shares of Cisco Systems Inc. (CSCO) advanced 4.96% to $46.59 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. Cisco Systems Inc. closed $17.70 below its 52-week high ($64.29), which the company achieved on December 29th.
The stock outperformed some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.02% to $241.68, International Business Machines Corp. (IBM) rose 1.09% to $146.09, and VMware Inc. (VMW) rose 0.10% to $115.43. Trading volume (38.8 M) eclipsed its 50-day average volume of 20.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 16:47 ET (21:47 GMT)
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