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Shares of Cisco Systems Inc. (CSCO) advanced 1.68% to $48.99 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,963.51 and the Dow Jones Industrial Average rising 0.55% to 33,781.48. The stock's rise snapped a four-day losing streak. Cisco Systems Inc. closed $15.30 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 Thursday, as Microsoft Corp. (MSFT) rose 1.24% to $247.40, Amazon.com Inc. (AMZN) rose 2.14% to $90.35, and Broadcom Inc. (AVGO) rose 2.43% to $531.08. Trading volume (16.0 M) remained 3.7 million below its 50-day average volume of 19.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 8, 2022.
(END) Dow Jones Newswires
December 08, 2022 16:51 ET (21:51 GMT)
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