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Shares of Salesforce Inc. (CRM) rose 1.17% to $209.06 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
The stock's rise snapped a three-day losing streak.
Salesforce Inc. closed $4.82 short of its 52-week high ($213.88), which the company reached on May 18th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.45% to $313.85, Alphabet Inc. Cl C (GOOGL) fell 1.34% to $121.64, and Alphabet Inc. Cl A (GOOGL) fell 1.35% to $120.90.
Trading volume (4.8 M) remained 768,489 below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 16:47 ET (20:47 GMT)
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