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Company Close Updates

VeriSign Inc. stock rises Friday, still underperforms market

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Terrence Horan

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Shares of VeriSign Inc. VRSN, +0.32% inched 0.01% higher to $221.00 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, -0.27% rising 0.19% to 4,247.44 and the Dow Jones Industrial Average DJIA, -0.47% rising 0.04% to 34,479.60. This was the stock's second consecutive day of gains. VeriSign Inc. closed $5.18 short of its 52-week high ($226.18), which the company reached on May 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Verizon Communications Inc. VZ, +0.25% fell 0.02% to $57.33, AT&T Inc. T, +0.30% rose 0.48% to $29.32, and International Business Machines Corp. IBM, -0.39% rose 0.49% to $151.28. Trading volume (479,077) remained 31,859 below its 50-day average volume of 510,936.

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.

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