Cisco Systems Inc. Stock Falls 8.4%, Underperforms Peers

Dow Jones08-14

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

Shares of Cisco Systems Inc. shed 8.4% to $113.47 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.

Cisco Systems Inc. closed 13.0% below its 52-week high of $130.37, which the company reached on June 4th.

The stock underperformed when compared to some of its peers, as Microsoft Corp. rose 0.9% to $496.88, Amazon.com Inc. fell 0.8% to $265.13, and Broadcom Inc. rose 0.43% to $417.82.

Trading volume totaled 61.1 million, compared to the 50-day average of 23.4 million.

Data source: Dow Jones Market Data, FactSet

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