Salesforce Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Salesforce Inc. (CRM) rose 1.85% to $188.68 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. This was the stock's second consecutive day of gains. Salesforce Inc. closed $33.48 short of its 52-week high ($222.16), which the company achieved on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 0.57% to $273.78, Alphabet Inc. Cl C (GOOGL) rose 3.84% to $105.84, and Alphabet Inc. Cl A (GOOGL) rose 3.66% to $104.92. Trading volume (6.9 M) remained 2.6 million below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:47 ET (20:47 GMT)
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