Salesforce Inc. Stock Rises Thursday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Salesforce Inc. (CRM) rose 2.40% to $187.30 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. This was the stock's fourth consecutive day of gains. Salesforce Inc. closed $34.86 short of its 52-week high ($222.16), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 4.05% to $276.20, Alphabet Inc. Cl C (GOOGL) rose 4.68% to $101.07, and Alphabet Inc. Cl A (GOOGL) rose 4.38% to $100.32. Trading volume (8.4 M) remained 1.3 million below its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 16, 2023 16:47 ET (20:47 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.