Cisco Systems Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Cisco Systems Inc. (CSCO) inched 0.29% higher to $47.64 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.25% to 3,839.50 and Dow Jones Industrial Average falling 0.22% to 33,147.25. This was the stock's second consecutive day of gains. Cisco Systems Inc. closed $16.18 short of its 52-week high ($63.82), which the company achieved on December 31st.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.49% to $239.82, Amazon.com Inc. (AMZN) fell 0.21% to $84.00, and Broadcom Inc. (AVGO) rose 0.24% to $559.13. Trading volume (13.2 M) remained 6.0 million below its 50-day average volume of 19.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.
(END) Dow Jones Newswires
December 30, 2022 16:47 ET (21:47 GMT)
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