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VeriSign Inc. stock outperforms market on strong trading day

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Terrence Horan

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Shares of VeriSign Inc. VRSN, +0.60% 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 SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% 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. VZ, -0.09% rose 0.29% to $54.57, AT&T Inc. T, -0.22% rose 0.88% to $27.57, and International Business Machines Corp. IBM, +0.56% rose 0.72% to $137.20. Trading volume (391,249) remained 22,294 below its 50-day average volume of 413,543.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.