Shares of Cisco Systems Inc.
CSCO,
rallied 1.30% to $55.14 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.15% to 4,357.04 and the Dow Jones Industrial Average
DJIA,
rising 1.43% to 34,326.46. The stock’s rise snapped a four-day losing streak. Cisco Systems Inc. closed $5.13 short of its 52-week high ($60.27), which the company achieved on August 25th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp.
MSFT,
rose 2.55% to $289.10, International Business Machines Corp.
IBM,
rose 3.16% to $143.32, and VMware Inc.
VMW,
rose 2.16% to $151.91. Trading volume (18.3 M) eclipsed its 50-day average volume of 15.9 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read More: Cisco Systems Inc. stock rises Friday, outperforms market