Salesforce Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Salesforce Inc. (CRM) slid 1.31% to $151.68 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. The stock's fall snapped a four-day winning streak. Salesforce Inc. closed $147.59 below its 52-week high ($299.27), which the company achieved on November 30th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.59% to $240.33, Alphabet Inc. Cl C (GOOGL) fell 0.84% to $95.44, and Alphabet Inc. Cl A (GOOGL) fell 0.90% to $95.19. Trading volume (6.3 M) remained 794,637 below its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 16:51 ET (21:51 GMT)
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