Shares of Cisco Systems Inc. CSCO, +0.06% inched 0.06% higher to $50.54 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.16% rising 0.16% to 3,977.53 and the Dow Jones Industrial Average DJIA, +0.60% rising 0.60% to 32,432.08. This was the stock’s third consecutive day of gains. Cisco Systems Inc. closed $6.40 short of its 52-week high ($56.94), which the company achieved on March 30th.
The stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT, -1.49% fell 1.49% to $276.38, Amazon.com Inc. AMZN, -0.09% fell 0.09% to $98.04, and Broadcom Inc. AVGO, -1.47% fell 1.47% to $626.84. Trading volume (15.1 M) remained 4.0 million below its 50-day average volume of 19.0 M.