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

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


Shares of Salesforce.com Inc.
CRM,
-0.59%

dropped 0.59% to $264.97 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.43%

rising 0.43% to 4,528.79 and the Dow Jones Industrial Average
DJIA,
-0.16%

falling 0.16% to 35,399.84. This was the stock’s second consecutive day of losses. Salesforce.com Inc. closed $19.53 below its 52-week high ($284.50), which the company achieved on September 2nd.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.
MSFT,
+1.29%

rose 1.29% to $303.59, Adobe Inc.
ADBE,
+1.13%

rose 1.13% to $665.99, and SAP SE ADR
SAP,
+0.78%

rose 0.78% to $149.88. Trading volume (5.7 M) remained 260,159 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.



Source link

Author: crmexpert444

Leave a Reply

Your email address will not be published.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