DJ Cisco Systems Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Cisco Systems Inc. $(CSCO)$ advanced 1.07% to $55.63 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Cisco Systems Inc. closed 16.35% 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 Wednesday, as Microsoft Corp. $(MSFT)$ rose 2.06% to $374.39, Amazon.com Inc. $(AMZN)$ rose 4.28% to $180.60, and Broadcom Inc. $(AVGO)$ rose 4.32% to $176.91.
Trading volume (27.4 M) eclipsed its 50-day average volume of 24.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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(END) Dow Jones Newswires
April 23, 2025 16:33 ET (20:33 GMT)
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