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Cisco Systems Inc. stock rises Thursday, outperforms market

Shares of Cisco Systems Inc. CSCO, +1.89% rose 1.89% to $55.65 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.71% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +1.56% rising 1.56% to 34,912.56. This was the stock’s second consecutive day of gains. Cisco Systems Inc. closed $4.62 short of its 52-week high ($60.27), which the company achieved on August 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, +2.17% rose 2.17% to $302.75, International Business Machines Corp. IBM, +1.87% rose 1.87% to $143.39, and VMware Inc. VMW, +2.35% rose 2.35% to $152.36. Trading volume (14.1 M) remained 2.0 million below its 50-day average volume of 16.2 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.

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