Juniper Networks Inc. stock rises Thursday, still underperforms market

Juniper Networks Inc. stock rises Thursday, still underperforms market

Shares of Juniper Networks Inc. JNPR, +0.34% inched 0.34% higher to $35.70 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.43% rising 0.43% to 4,500.21 and the Dow Jones Industrial Average DJIA, +0.25% rising 0.25% to 34,583.57. The stock’s rise snapped a six-day losing streak. Juniper Networks Inc. closed $2.44 below its 52-week high ($38.14), which the company reached on March 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cisco Systems Inc. CSCO, +0.48% rose 0.48% to $54.63, International Business Machines Corp. IBM, -0.65% fell 0.65% to $128.55, and Telefon AB L.M. Ericsson ADR ERIC, +1.48% rose 1.48% to $9.59. Trading volume (3.0 M) remained 1.7 million below its 50-day average volume of 4.7 M.

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