Cisco Systems Inc. Stock Outperforms Market On Strong Trading Day

Tennant Co

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Industrials : Machinery | Small Cap Blend

Company profile

Tennant Company is engaged in designing, manufacturing and marketing solutions. The Company’s products include floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in factories and warehouses; distribution centers; office buildings; public venues, such as arenas and stadiums; schools and universities; hospitals and clinics and other. The Company markets its offerings under various brands: Tennant , Nobles , Alfa Uma Empresa Tennant, IRIS , VLX, IPC brands, Gaomei and Rongen brands, as well as private-label brands. The Company has manufacturing locations and operations in three geographic areas, including the Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).

Cisco Systems Inc. Stock Outperforms Market On Strong Trading Day

4:47 pm ET March 8, 2023 (MarketWatch) Print

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

Shares of Cisco Systems Inc. (CSCO) inched 0.41% higher to $49.11 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. Cisco Systems Inc. closed $7.83 short of its 52-week high ($56.94), which the company achieved on March 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.18% to $253.70, Amazon.com Inc. (AMZN) rose 0.40% to $93.92, and Broadcom Inc. (AVGO) rose 1.14% to $632.26. Trading volume (12.0 M) remained 5.5 million below its 50-day average volume of 17.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 08, 2023 16:47 ET (21:47 GMT)