Salesforce Inc. Stock Rises Monday, Outperforms Market
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Shares of Salesforce Inc. (CRM) advanced 1.35% to $175.51 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. The stock's rise snapped a six-day losing streak. Salesforce Inc. closed $46.65 below its 52-week high ($222.16), which the company reached on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 2.14% to $253.92, Alphabet Inc. Cl C (GOOGL) rose 0.71% to $91.66, and Alphabet Inc. Cl A (GOOGL) rose 0.53% to $91.11. Trading volume (9.1 M) remained 343,350 below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 16:48 ET (20:48 GMT)
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