Cisco Systems Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Cisco Systems Inc. (CSCO) inched 0.65% higher to $47.81 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. This was the stock's third consecutive day of gains. Cisco Systems Inc. closed $9.88 short of its 52-week high ($57.69), which the company achieved on February 18th.
The stock outperformed some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.22% to $242.04, Amazon.com Inc. (AMZN) fell 1.23% to $96.32, and Broadcom Inc. (AVGO) rose 0.58% to $585.03. Trading volume (14.8 M) remained 3.9 million below its 50-day average volume of 18.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 16:48 ET (21:48 GMT)
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