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Shares of Salesforce Inc. (CRM) advanced 2.63% to $215.44 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
This was the stock's third consecutive day of gains.
Salesforce Inc. hit a new 52-week high, surpassing its previous peak of $213.88, which the company achieved on May 18th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.14% to $332.89, Alphabet Inc. Cl C (GOOGL) rose 0.87% to $125.43, and Alphabet Inc. Cl A (GOOGL) rose 0.92% to $124.61.
Trading volume (6.8 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 16:48 ET (20:48 GMT)
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