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Shares of Cisco Systems Inc. (CSCO) inched 0.39% higher to $48.57 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. Cisco Systems Inc. closed $15.72 below 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 Wednesday, as Microsoft Corp. (MSFT) rose 1.04% to $247.58, International Business Machines Corp. (IBM) fell 0.23% to $148.75, and VMware Inc. (VMW) rose 0.81% to $119.35. Trading volume (12.1 M) remained 8.6 million below its 50-day average volume of 20.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:47 ET (21:47 GMT)
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