Salesforce.com Inc. stock outperforms competitors on strong trading day

Salesforce.com Inc. stock outperforms competitors on strong trading day


Shares of Salesforce.com Inc.
CRM,
+1.26%

rose 1.26% to $244.17 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.46%

falling 0.46% to 4,402.66 and Dow Jones Industrial Average
DJIA,
-0.92%

falling 0.92% to 34,792.67. This was the stock’s second consecutive day of gains. Salesforce.com Inc. closed $40.33 short of its 52-week high ($284.50), which the company reached on September 2nd.

The stock outperformed some of its competitors Wednesday, as Microsoft Corp.
MSFT,
-0.21%

fell 0.21% to $286.51, Adobe Inc.
ADBE,
+0.71%

rose 0.71% to $625.68, and SAP SE ADR
SAP,
+0.58%

rose 0.58% to $146.39. Trading volume (4.1 M) remained 2.0 million below its 50-day average volume of 6.1 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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Author: crmexpert444

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