Cisco Systems Inc. Stock Underperforms Wednesday When Compared To Competitors

LGI Homes Inc

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Consumer Discretionary : Household Durables | Small Cap Value

Company profile

LGI Homes, Inc. is a home builder and developer. The Company is engaged in the and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia and Pennsylvania. The Company segments include the Central division, the Southeast division, the Northwest division, the West division and the Florida divisions. The Company's product offerings include entry-level homes, including both detached and attached homes, and move-up homes, which are sold under its LGI Homes brand, and its luxury series homes, which are sold under its Terrata Homes brand. It provides information regarding floor plans and pricing and conducts tours of its homes based on the customer’s needs and budget. It offers move-in ready homes features, including stainless steel Whirlpool appliances, cabinets with crown molding, Moen faucets and Kwikset door hardware.

Cisco Systems Inc. Stock Underperforms Wednesday When Compared To Competitors

4:51 pm ET December 7, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Cisco Systems Inc. (CSCO) shed 0.84% to $48.18 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the S&P 500 Index falling 0.19% to 3,933.92. This was the stock's fourth consecutive day of losses. Cisco Systems Inc. closed $16.11 short of its 52-week high ($64.29), which the company achieved on December 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.31% to $244.37, Amazon.com Inc. (AMZN) rose 0.24% to $88.46, and Broadcom Inc. (AVGO) fell 1.39% to $518.50. Trading volume (15.2 M) remained 4.5 million below its 50-day average volume of 19.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 7, 2022.

(END) Dow Jones Newswires

December 07, 2022 16:51 ET (21:51 GMT)

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Cisco Systems Inc. Stock Underperforms Wednesday When Compared To Competitors