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Shares of Salesforce.com Inc. (CRM) shed 3.43% to $215.39 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.22% to 4,356.45 and Dow Jones Industrial Average falling 0.19% to 34,297.73. Salesforce.com Inc. closed $96.36 short of its 52-week high ($311.75), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 2.66% to $288.49, Adobe Inc. (ADBE) fell 3.26% to $502.72, and SAP SE ADR (SAP.XE) fell 1.05% to $132.32. Trading volume (9.0 M) eclipsed its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2022.
(END) Dow Jones Newswires
January 25, 2022 16:47 ET (21:47 GMT)
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