Salesforce.com Inc. stock rises Thursday, outperforms market

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


Shares of Salesforce.com Inc.
CRM,
+2.62%

advanced 2.62% to $250.56 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.60%

rising 0.60% to 4,429.10 and the Dow Jones Industrial Average
DJIA,
+0.78%

rising 0.78% to 35,064.25. This was the stock’s third consecutive day of gains. Salesforce.com Inc. closed $33.94 short of its 52-week high ($284.50), which the company reached on September 2nd.

The stock outperformed some of its competitors Thursday, as Microsoft Corp.
MSFT,
+1.05%

rose 1.05% to $289.52, Adobe Inc.
ADBE,
+1.02%

rose 1.02% to $632.08, and SAP SE ADR
SAP,
+1.74%

rose 1.74% to $148.94. Trading volume (5.2 M) remained 897,879 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.



Source link

Author: crmexpert444

Leave a Reply

Your email address will not be published. Required fields are marked *