Cisco Systems Inc. Stock Rises Monday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Cisco Systems Inc. (CSCO) rose 1.49% to $50.94 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. This was the stock's fifth consecutive day of gains. Cisco Systems Inc. closed $6.00 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 Monday, as Microsoft Corp. (MSFT) fell 2.58% to $272.23, Amazon.com Inc. (AMZN) fell 1.25% to $97.71, and Broadcom Inc. (AVGO) rose 2.02% to $643.71. Trading volume (21.4 M) eclipsed its 50-day average volume of 18.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 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 20, 2023 16:48 ET (20:48 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.