Cisco Systems Inc. Stock Outperforms Market Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Cisco Systems Inc. (CSCO) sank 0.97% to $47.07 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. The stock's fall snapped a two-day winning streak. Cisco Systems Inc. closed $17.22 short of its 52-week high ($64.29), which the company reached on December 29th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 1.03% to $234.53, Amazon.com Inc. (AMZN) fell 1.47% to $81.82, and Broadcom Inc. (AVGO) fell 1.56% to $544.89.true Trading volume (9.8 M) remained 9.9 million below its 50-day average volume of 19.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 16:48 ET (21:48 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.