Salesforce Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Salesforce Inc. (CRM) inched 0.22% higher to $185.25 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Salesforce Inc. closed $36.91 below its 52-week high ($222.16), which the company reached on March 29th.
The stock outperformed some of its competitors Monday, as Microsoft Corp. (MSFT) fell 2.58% to $272.23, Alphabet Inc. Cl C (GOOGL) fell 0.52% to $101.93, and Alphabet Inc. Cl A (GOOGL) fell 0.39% to $101.22. Trading volume (5.5 M) remained 4.0 million below its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:47 ET (20:47 GMT)
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