Salesforce Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Salesforce Inc. (CRM) inched 0.50% higher to $187.44 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. Salesforce Inc. closed $34.72 short of its 52-week high ($222.16), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 1.97% to $277.66, Alphabet Inc. Cl C (GOOGL) rose 1.96% to $106.26, and Alphabet Inc. Cl A (GOOGL) rose 2.16% to $105.60. Trading volume (8.7 M) remained 634,629 below its 50-day average volume of 9.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 16:47 ET (20:47 GMT)
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