DJ Cisco Systems Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Cisco Systems Inc. $(CSCO)$ advanced 1.11% to $60.97 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
The stock's rise snapped a two-day losing streak.
Cisco Systems Inc. closed 8.32% below its 52-week high of $66.50, which the company reached on February 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. $(MSFT)$ rose 0.47% to $393.08, Amazon.com Inc. $(AMZN)$ rose 3.59% to $203.26, and Broadcom Inc. $(AVGO)$ fell 0.21% to $191.25.
Trading volume (28.1 M) eclipsed its 50-day average volume of 20.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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(END) Dow Jones Newswires
March 24, 2025 16:33 ET (20:33 GMT)
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