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Shares of Salesforce Inc. (CRM) dropped 0.05% to $210.26 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
This was the stock's second consecutive day of losses.
Salesforce Inc. closed $3.62 below its 52-week high ($213.88), which the company achieved on May 18th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 0.89% to $321.18, Alphabet Inc. Cl C (GOOGL) rose 2.13% to $125.87, and Alphabet Inc. Cl A (GOOGL) rose 1.87% to $125.05.
Trading volume (3.9 M) remained 2.0 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 16:48 ET (20:48 GMT)
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