Shares of VeriSign Inc.
advanced 1.05% to $224.27 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. This was the stock's second consecutive day of gains. VeriSign Inc. closed $10.29 short of its 52-week high ($234.56), which the company reached on July 12th.
The stock outperformed some of its competitors Wednesday, as Verizon Communications Inc.
rose 0.29% to $54.57, AT&T Inc.
rose 0.88% to $27.57, and International Business Machines Corp.
rose 0.72% to $137.20. Trading volume (391,249) remained 22,294 below its 50-day average volume of 413,543.