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

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


Shares of Salesforce.com Inc.
CRM,
+1.21%

rallied 1.21% to $256.13 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.81%

rising 0.81% to 4,441.67 and the Dow Jones Industrial Average
DJIA,
+0.65%

rising 0.65% to 35,120.08. This was the stock’s third consecutive day of gains. Salesforce.com Inc. closed $28.37 short of its 52-week high ($284.50), which the company reached on September 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp.
MSFT,
+2.56%

rose 2.56% to $304.36, Adobe Inc.
ADBE,
+1.52%

rose 1.52% to $647.34, and SAP SE ADR
SAP,
+0.56%

rose 0.56% to $147.84. Trading volume (5.5 M) remained 57,215 below its 50-day average volume of 5.5 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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