VeriSign Inc. stock rises Thursday, outperforms market

VeriSign Inc. stock rises Thursday, outperforms market

Shares of VeriSign Inc. VRSN, +2.38% rose 2.38% to $204.57 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.09% falling 0.09% to 4,076.57 and Dow Jones Industrial Average DJIA, -0.56% falling 0.56% to 34,395.01. This was the stock’s second consecutive day of gains. VeriSign Inc. closed $52.46 below its 52-week high ($257.03), which the company achieved on December 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Equinix Inc. EQIX, +1.09% rose 1.09% to $698.15, Zscaler Inc. ZS, +8.28% rose 8.28% to $144.50, and Arista Networks Inc. ANET, +0.34% rose 0.34% to $139.78. Trading volume (780,745) eclipsed its 50-day average volume of 683,951.

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