Cisco Systems Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cisco Systems Inc. (CSCO) inched 0.35% higher to $48.51 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. This was the stock's sixth consecutive day of gains. Cisco Systems Inc. closed $9.18 short of its 52-week high ($57.69), which the company achieved on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 0.06% to $248.16, Amazon.com Inc. (AMZN) rose 3.04% to $102.24, and Broadcom Inc. (AVGO) fell 1.27% to $590.99. Trading volume (13.3 M) remained 4.7 million below its 50-day average volume of 18.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 16:48 ET (21:48 GMT)
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