Salesforce Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Salesforce Inc. (CRM) rose 2.00% to $152.24 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. Salesforce Inc. closed $147.03 below its 52-week high ($299.27), which the company reached on November 30th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 1.04% to $247.58, Adobe Inc. (ADBE) rose 1.48% to $335.78, and SAP SE ADR (SAP.XE) rose 0.21% to $109.85. Trading volume (5.5 M) remained 1.7 million below its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:46 ET (21:46 GMT)
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