Salesforce Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Salesforce Inc. (CRM) rose 1.59% to $218.87 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's fourth consecutive day of gains.
Salesforce Inc. hit a new 52-week high, surpassing its previous peak of $216.15, which the company reached on May 26th.
The stock outperformed some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.50% to $331.21, Alphabet Inc. Cl C (GOOGL) fell 0.63% to $124.64, and Alphabet Inc. Cl A (GOOGL) fell 0.75% to $123.67.
Trading volume (10.4 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 16:47 ET (20:47 GMT)
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