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Shares of Salesforce.com Inc. (CRM) slid 1.47% to $222.94 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.10% to 4,482.73 and Dow Jones Industrial Average falling 0.89% to 34,715.39. Salesforce.com Inc. closed $88.81 below its 52-week high ($311.75), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.57% to $301.60, Adobe Inc. (ADBE) fell 1.11% to $510.85, and SAP SE ADR (SAP.XE) rose 0.16% to $137.01. Trading volume (5.6 M) remained 730,092 below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2022.
(END) Dow Jones Newswires
January 20, 2022 16:47 ET (21:47 GMT)
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