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

Bird Global Inc

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BRDS Bird Global Inc

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Industrials : Ground Transportation | Small Cap Growth

Company profile

Bird Global, Inc. is a micro mobility company, which is engaged in delivering electric transportation solutions for short distances. The Company’s segments include North America, Europe, Middle East and Africa (EMEA) and Other. The Company’s offerings consist of Sharing and Product Sales. Its core vehicle-sharing business and operations (Sharing) provide riders with on-demand access to Bird vehicles (e-scooters and e-bikes), enabling them to locate, unlock, and pay for rides through its mobile application (the Bird App). The Bird App provides an interface, where riders can locate, book, and pay for on-demand rides. In addition to its Sharing business, it offers consumers the opportunity to purchase Bird vehicles for personal use. Its Product Sales business consists primarily of vehicle sales to retail customers. It sells several Bird vehicle models through select retail and wholesale channels. The Company's vehicles include BirdZero, BirdOne, BirdTwo, BirdThree and Bird S.

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

4:47 pm ET January 5, 2023 (MarketWatch) Print

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

Shares of Cisco Systems Inc. (CSCO) slipped 1.41% to $46.88 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. This was the stock's second consecutive day of losses. Cisco Systems Inc. closed $15.94 below its 52-week high ($62.82), which the company achieved on January 12th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 2.96% to $222.31, Amazon.com Inc. (AMZN) fell 2.37% to $83.12, and Broadcom Inc. (AVGO) fell 0.93% to $555.02. Trading volume (16.1 M) remained 2.9 million below its 50-day average volume of 19.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.

(END) Dow Jones Newswires

January 05, 2023 16:47 ET (21:47 GMT)