Cisco Systems Inc. Stock Outperforms Market Despite Losses On The Day

Telos Corp

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Information Technology : Software | Small Cap Growth

Company profile

Telos Corporation is a provider of cyber, cloud and enterprise security solutions. The Company operates through two segments: Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud and identity solutions through Xacta, Telos Ghost, Automated Message Handling System (AMHS) and Telos ID offerings. The Secure Networks segment provides secure networking architectures and solutions to its customers through secure mobility solutions and network management and defense services. The Secure Networks segment has its capabilities, which include network design, operations, and sustainment; system integration and engineering; network security and compliance; deployable comms; innovation and digital transformation; service desk; defensive cyber operations, and program management. Its customer base consists of the United States (U.S.) federal government, large commercial businesses, state and local governments, and international customers.

Cisco Systems Inc. Stock Outperforms Market Despite Losses On The Day

4:48 pm ET December 22, 2022 (MarketWatch) Print

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

Shares of Cisco Systems Inc. (CSCO) slipped 0.71% to $47.32 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,822.39 and Dow Jones Industrial Average falling 1.05% to 33,027.49. Cisco Systems Inc. closed $16.97 below its 52-week high ($64.29), which the company achieved on December 29th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 2.55% to $238.19, Amazon.com Inc. (AMZN) fell 3.43% to $83.79, and Broadcom Inc. (AVGO) fell 1.45% to $553.09.true Trading volume (23.0 M) eclipsed its 50-day average volume of 20.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.

(END) Dow Jones Newswires

December 22, 2022 16:48 ET (21:48 GMT)

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Cisco Systems Inc. Stock Outperforms Market Despite Losses On The Day