Shares of Cisco Systems Inc. CSCO, -0.17% sank 0.17% to $48.34 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.02% rising 0.02% to 32,661.84 and the S&P 500 Index SPX, -0.47% falling 0.47% to 3,951.39. This was the stock’s second consecutive day of losses. Cisco Systems Inc. closed $8.66 below its 52-week high ($57.00), which the company reached on March 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT, -1.26% fell 1.26% to $246.27, Amazon.com Inc. AMZN, -2.19% fell 2.19% to $92.17, and Broadcom Inc. AVGO, -0.12% fell 0.12% to $593.57. Trading volume (13.4 M) remained 5.1 million below its 50-day average volume of 18.6 M.