Salesforce.com Inc. stock underperforms Thursday when compared to competitors

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


Shares of Salesforce.com Inc.
CRM,
-1.55%

slid 1.55% to $264.15 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.28%

rising 0.28% to 4,536.95 and the Dow Jones Industrial Average
DJIA,
+0.37%

rising 0.37% to 35,443.82. The stock’s fall snapped a two-day winning streak. Salesforce.com Inc. closed $11.07 below its 52-week high ($275.22), which the company achieved on August 26th.

The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp.
MSFT,
-0.23%

fell 0.23% to $301.15, Adobe Inc.
ADBE,
-0.19%

fell 0.19% to $664.64, and SAP SE ADR
SAP,
-0.75%

fell 0.75% to $148.98. Trading volume (4.5 M) remained 1.6 million below its 50-day average volume of 6.0 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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