Salesforce.com Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Salesforce.com Inc. (CRM) shed 2.24% to $226.06 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.84% to 4,577.11 and Dow Jones Industrial Average falling 1.51% to 35,368.47. Salesforce.com Inc. closed $85.69 below its 52-week high ($311.75), which the company reached on November 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 2.43% to $302.65, Adobe Inc. (ADBE) fell 1.39% to $513.34, and SAP SE ADR (SAP.XE) fell 2.02% to $136.10. Trading volume (6.0 M) remained 321,178 below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2022.
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(END) Dow Jones Newswires
January 18, 2022 16:47 ET (21:47 GMT)
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