Cisco Systems (CSCO) Falls More Steeply Than Broader Market: What Investors Need to Know

Cisco Systems (CSCO) closed at $52.24 in the latest trading session, marking a -0.1% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.76%.Prior to today's trading, shares of the seller of routers, switches, software and services had gained 3.5% over the past month. This has lagged the Computer and Technology sector's gain of 6.36% and outpaced the S&P 500's gain of 3.36% in that time.The investmen ...