Cisco Systems Inc. Stock Falls 8.4%, Underperforms Peers
Dow Jones2026/08/13 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Cisco Systems Inc. shed 8.4% to $113.47 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.
Cisco Systems Inc. closed 13.0% below its 52-week high of $130.37, which the company reached on June 4th.
The stock underperformed when compared to some of its peers, as Microsoft Corp. rose 0.9% to $496.88, Amazon.com Inc. fell 0.8% to $265.13, and Broadcom Inc. rose 0.43% to $417.82.
Trading volume totaled 61.1 million, compared to the 50-day average of 23.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 13, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Goldman Sachs remains bullish on the South Korean stock market: Driven by the AI memory boom, with a potential upside of up to 80%.
Goldman Sachs strategist Timothy Moe maintains his bullish target on the South Korean stock market, believing that investors are underestimating how long the benefits of artificial intelligence (AI) will last for the country's memory chip manufacturers.

Oranjebtc cancels 25 million treasury shares without capital reduction
The Last Time Treasury Yields Hit 6%, Bitcoin Didn't Exist — What Happens If They Get There Again?