Cisco Systems Inc. Shares Decline in Dismal Trading Session

Shares of Cisco Systems Inc. (CSCO) fell 0.48% to $55.84 in Tuesday’s trading session, as the broader stock market experienced a downturn. The S&P 500 Index (SPX) witnessed a 0.22% decline to 4,443.95, while the Dow Jones Industrial Average (DJIA) fell 0.31% to 34,517.73. Cisco Systems Inc. closed $2.35 below its 52-week high of $58.19, which was achieved on September 1st.

In comparison to some of its competitors, Cisco Systems Inc.’s stock performance was mixed on Tuesday. Microsoft Corp. (MSFT) dropped 0.12% to $328.65, Amazon.com Inc. (AMZN) experienced a decline of 1.68% to $137.63, and Broadcom Inc. (AVGO) saw a slight decrease of 0.09% to $849.20.

The trading volume for Cisco Systems Inc. was 10.7 million, which remained 8.1 million below its 50-day average volume of 18.9 million.

It is important to note that the information in this article was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet.

Summary:

Cisco Systems Inc. shares faced a 0.48% decline in Tuesday’s trading session, alongside a broader downturn in the stock market. Despite experiencing mixed performance compared to its competitors, Cisco Systems Inc. closed $2.35 below its recent 52-week high. It is worth mentioning that the market data used in this article was generated by Automated Insights and sourced from Dow Jones and FactSet.

Sources:

– Automated Insights (Market data provider)
– Dow Jones
– FactSet