Cisco Systems Inc. Stock Rises Thursday, Still Underperforms Market

Amesite Inc

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Company profile

Amesite, Inc. is an artificial intelligence software company. The Company is engaged in offering a cloud-based platform and content creation services for business and university-delivered education and upskilling. It uses artificial intelligence technologies to provide customized environments for learners, easy-to-manage interfaces for instructors, and accessibility for learners in the United States education market. Its code architecture offers accessibility and agility for engineers, using languages for both client and server-side functions. It delivers Learning Community Environments (LCESMs) to businesses and educational institutions (EIs) that enable them to offer branded learning products to their students, professional learners or employees with ease. It offers its platform to its customers, which include universities, museums, businesses and government agencies. Its customers offer learning to their users, who are students, professional learners and / or their own employees.

Cisco Systems Inc. Stock Rises Thursday, Still Underperforms Market

4:48 pm ET December 29, 2022 (MarketWatch) Print

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

Shares of Cisco Systems Inc. (CSCO) inched 0.91% higher to $47.50 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.75% to 3,849.28 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. Cisco Systems Inc. closed $16.64 below its 52-week high ($64.14), which the company reached on December 30th.

The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 2.76% to $241.01, Amazon.com Inc. (AMZN) rose 2.88% to $84.18, and Broadcom Inc. (AVGO) rose 2.37% to $557.81. Trading volume (11.4 M) remained 7.9 million below its 50-day average volume of 19.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.

(END) Dow Jones Newswires

December 29, 2022 16:48 ET (21:48 GMT)