Salesforce.com Inc. stock rises Tuesday, still underperforms market

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


Shares of Salesforce.com Inc.
CRM,
+0.06%

inched 0.06% higher to $302.95 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.37%

rising 0.37% to 4,630.65 and the Dow Jones Industrial Average
DJIA,
+0.39%

rising 0.39% to 36,052.63. This was the stock’s eighth consecutive day of gains. Salesforce.com Inc. closed $1.91 below its 52-week high ($304.86), which the company reached on November 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp.
MSFT,
+1.14%

rose 1.14% to $333.13, Adobe Inc.
ADBE,
+0.03%

rose 0.03% to $640.40, and SAP SE ADR
SAP,
+0.50%

rose 0.50% to $146.97. Trading volume (4.1 M) remained 1.5 million below its 50-day average volume of 5.6 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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