Shares of Salesforce.com Inc.
CRM,
slid 2.38% to $243.39 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.10% to 4,436.75 and the Dow Jones Industrial Average
DJIA,
rising 0.46% to 35,264.67. This was the stock’s second consecutive day of losses. Salesforce.com Inc. closed $41.11 short of its 52-week high ($284.50), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp.
MSFT,
fell 0.66% to $286.44, Adobe Inc.
ADBE,
fell 1.19% to $621.74, and SAP SE ADR
SAP,
fell 0.55% to $145.75. Trading volume (4.4 M) remained 1.2 million 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.
