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Shares of Salesforce Inc. (CRM) rose 2.06% to $223.38 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
This was the stock's fifth consecutive day of gains.
Salesforce Inc. hit a new 52-week high, surpassing its previous peak of $222.14, which the company achieved on May 30th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.85% to $328.39, Alphabet Inc. Cl C (GOOGL) fell 1.02% to $123.37, and Alphabet Inc. Cl A (GOOGL) fell 0.65% to $122.87.
Trading volume (18.4 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 16:48 ET (20:48 GMT)
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