Salesforce Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Salesforce Inc. (CRM) inched 0.01% higher to $182.91 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's third consecutive day of gains. Salesforce Inc. closed $39.25 below its 52-week high ($222.16), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 1.78% to $265.44, Alphabet Inc. Cl C (GOOGL) rose 2.44% to $96.55, and Alphabet Inc. Cl A (GOOGL) rose 2.28% to $96.11. Trading volume (7.7 M) remained 1.9 million below its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 16:48 ET (20:48 GMT)
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