Cisco Systems Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Cisco Systems Inc. (CSCO) inched 0.42% higher to $48.28 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. The stock's rise snapped a two-day losing streak. Cisco Systems Inc. closed $16.01 below its 52-week high ($64.29), which the company achieved on December 29th.
The stock outperformed some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.59% to $240.33, Amazon.com Inc. (AMZN) fell 1.63% to $92.42, and Broadcom Inc. (AVGO) fell 0.16% to $521.39. Trading volume (13.8 M) remained 6.0 million below its 50-day average volume of 19.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 16:51 ET (21:51 GMT)
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