Shares of Juniper Networks Inc. JNPR slid 2.28% to $25.33 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.68% to 4,134.94 and Dow Jones Industrial Average DJIA falling 0.75% to 33,821.30. This was the stock's second consecutive day of losses. Juniper Networks Inc. closed $2.50 short of its 52-week high ($27.83), which the company reached on January 27th.
The stock underperformed when compared to some of its competitors Tuesday, as Cisco Systems Inc. CSCO fell 2.01% to $51.79, International Business Machines Corp. IBM rose 3.79% to $138.16, and Telefon AB L.M. Ericsson ADR ERIC fell 1.46% to $13.54. Trading volume (3.0 M) remained 1.1 million below its 50-day average volume of 4.0 M.