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Shares of Cisco Systems Inc. (CSCO) dropped 0.36% to $47.62 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. The stock's fall snapped a two-day winning streak. Cisco Systems Inc. closed $16.67 short of its 52-week high ($64.29), which the company reached on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 0.34% to $242.05, International Business Machines Corp. (IBM) fell 0.65% to $146.68, and VMware Inc. (VMW) rose 0.18% to $116.77. Trading volume (17.0 M) remained 3.8 million below its 50-day average volume of 20.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:47 ET (21:47 GMT)
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