Cisco Systems stock slips 2.82% and underperforms competitors
Updated
Updated · MarketWatch · May 6
Cisco Systems stock slips 2.82% and underperforms competitors
10 articles · Updated · MarketWatch · May 6
Shares closed at $91.64 on Wednesday as the S&P 500 rose 1.46% and the Dow gained 1.24% in a broadly positive session.
The decline ended Cisco's five-day winning streak and left the stock 3.25% below its 52-week high of $94.72 reached on May 5.
Cisco lagged Microsoft and Amazon, which both rose, while Broadcom fell less; trading volume reached 26.8 million, above its 50-day average of 20.7 million.
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