Cisco Systems Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cisco Systems Inc. (CSCO) inched 0.50% higher to $49.97 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.09% to 4,076.57 and Dow Jones Industrial Average falling 0.56% to 34,395.01. This was the stock's third consecutive day of gains. Cisco Systems Inc. closed $14.32 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 0.18% to $254.69, Amazon.com Inc. (AMZN) fell 1.08% to $95.50, and Broadcom Inc. (AVGO) fell 0.05% to $550.75. Trading volume (18.5 M) remained 1.5 million below its 50-day average volume of 20.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 16:51 ET (21:51 GMT)
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