Salesforce Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Salesforce Inc. (CRM) jumped 11.50% to $186.59 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.76% to 3,981.35 and the Dow Jones Industrial Average rising 1.05% to 33,003.57. This was the stock's fourth consecutive day of gains. Salesforce Inc. closed $35.57 short of its 52-week high ($222.16), which the company achieved on March 29th.
The stock outperformed some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 1.97% to $251.11, Alphabet Inc. Cl C (GOOGL) rose 1.99% to $92.31, and Alphabet Inc. Cl A (GOOGL) rose 1.81% to $92.00. Trading volume (37.5 M) eclipsed its 50-day average volume of 8.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 2, 2023.
(END) Dow Jones Newswires
March 02, 2023 16:47 ET (21:47 GMT)
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