DJ Cisco Systems Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Cisco Systems Inc. $(CSCO)$ shed 2.52% to $55.76 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.24% to 5,275.70 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
This was the stock's second consecutive day of losses.
Cisco Systems Inc. closed 16.15% 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 Wednesday, as Microsoft Corp. $(MSFT)$ fell 3.66% to $371.61, Amazon.com Inc. $(AMZN)$ fell 2.93% to $174.33, and Broadcom Inc. $(AVGO)$ fell 2.43% to $174.61.
Trading volume (19.9 M) remained 4.5 million below its 50-day average volume of 24.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 16:33 ET (20:33 GMT)
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