Cisco Systems Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Cisco Systems Inc. (CSCO) fell 2.45% to $73.35 on Tuesday, marking its second consecutive day of losses amid a broader market decline, with the S&P 500 down 2.06% and the Dow Jones down 1.76%. Cisco's stock is currently 9.24% below its 52-week high of $80.82. In comparison, competitors like Microsoft, Amazon, and Broadcom also experienced declines. Trading volume for Cisco reached 23.8 million, surpassing its 50-day average of 21.6 million.
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