Tiger Brokers

Cisco Systems Inc. Stock Advances 4.5%, Outperforms Peers

Dow Jones
16 hours ago

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

Shares of Cisco Systems Inc. rose 4.5% to $117.94 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,818.93 and the Dow Jones Industrial Average rising 0.5% to 51,521.28.

This was the stock's seventh consecutive day of gains.

Cisco Systems Inc. closed 9.5% below its 52-week high of $130.37, which the company achieved on June 4th.

The stock outperformed some of its peers, as Microsoft Corp. rose 0.8% to $529.30, Amazon.com Inc. rose 1.9% to $256.29, and Broadcom Inc. rose 3.67% to $375.81.

Trading volume totaled 20.9 million, compared to the 50-day average of 19.4 million.

Data source: Dow Jones Market Data, FactSet

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