Cisco Systems Inc. Stock Rises Wednesday, Still Underperforms Market

Crown Electrokinetics Corp.

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CRKN Crown Electrokinetics Corp.

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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Materials : Chemicals | Small Cap Growth

Company profile

Crown Electrokinetics Corp. develops and sells optical switching film, which can be embedded between sheets of glass or applied to the surface of glass, or other rigid substrates, such as acrylic, to electronically control opacity (DynamicTint). Its technology allows a transition between clear and dark and can be applied to a range of windows, including commercial buildings, automotive sunroofs, and residential skylights and windows. Its electrokinetic (EK) technology is derived from ink and microfluidic technology. Its EK film technology utilizes nanometer-sized pigment particles that are electrically charged and suspended in a liquid that is sandwiched between two clear substrates that are coated with a transparent conductor oxide (TCO) film. Its plastic films are manufactured using roll-to-roll (R2R) processing equipment. Its DynamicTint Smart Glass Insert is specifically designed for retrofitting in the domestic and international commercial real estate install base.

Cisco Systems Inc. Stock Rises Wednesday, Still Underperforms Market

4:48 pm ET December 21, 2022 (MarketWatch) Print

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

Shares of Cisco Systems Inc. (CSCO) inched 0.61% higher to $47.66 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.49% to 3,878.44 and the Dow Jones Industrial Average rising 1.60% to 33,376.48. The stock's rise snapped a five-day losing streak. Cisco Systems Inc. closed $16.63 short of its 52-week high ($64.29), which the company reached on December 29th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 1.09% to $244.43, Amazon.com Inc. (AMZN) rose 1.85% to $86.77, and Broadcom Inc. (AVGO) rose 3.16% to $561.23. Trading volume (15.6 M) remained 4.6 million below its 50-day average volume of 20.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2022.

(END) Dow Jones Newswires

December 21, 2022 16:48 ET (21:48 GMT)