DJ Cisco Systems Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Cisco Systems Inc. $(CSCO)$ advanced 1.31% to $57.33 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.81% to 5,363.36 and the Dow Jones Industrial Average rising 1.56% to 40,212.71.
Cisco Systems Inc. closed 13.79% short of its 52-week high of $66.50, which the company reached on February 13th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. $(MSFT)$ rose 1.86% to $388.45, Amazon.com Inc. $(AMZN)$ rose 2.01% to $184.87, and Broadcom Inc. $(AVGO)$ rose 5.59% to $181.94.
Trading volume (22.9 M) remained 1.5 million below its 50-day average volume of 24.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 11, 2025.
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(END) Dow Jones Newswires
April 11, 2025 16:33 ET (20:33 GMT)
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