DJ Cisco Systems Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Cisco Systems Inc. $(CSCO)$ shed 1.69% to $57.53 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
Cisco Systems Inc. closed $2.70 below its 52-week high ($60.23), which the company reached on December 5th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ fell 3.76% to $437.39, Amazon.com Inc. $(AMZN)$ fell 4.60% to $220.52, and Broadcom Inc. $(AVGO)$ fell 6.91% to $223.62.
Trading volume (22.9 M) eclipsed its 50-day average volume of 18.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:35 ET (21:35 GMT)
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