Shares of Juniper Networks Inc. JNPR slid 1.92% to $25.07 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.92% to 4,134.98 and Dow Jones Industrial Average DJIA falling 0.94% to 33,815.90. Juniper Networks Inc. closed $2.76 below its 52-week high ($27.83), which the company reached on January 27th.
The stock underperformed when compared to some of its competitors Thursday, as Cisco Systems Inc. CSCO fell 0.83% to $51.50, International Business Machines Corp. IBM fell 1.58% to $141.28, and Telefon AB L.M. Ericsson ADR ERIC fell 1.74% to $14.09. Trading volume (3.1 M) remained 940,084 below its 50-day average volume of 4.0 M.