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Salesforce Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones2023-11-28

DJ Salesforce Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Salesforce Inc. $(CRM)$ inched 0.18% higher to $224.79 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.20% to 4,550.43 and Dow Jones Industrial Average falling 0.16% to 35,333.47.

This was the stock's second consecutive day of gains.

Salesforce Inc. closed $13.43 short of its 52-week high ($238.22), which the company achieved on July 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. $(MSFT)$ rose 0.31% to $378.61, Alphabet Inc. Cl C $(GOOG)$ fell 0.12% to $138.05, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.20% to $136.41.

Trading volume (4.8 M) eclipsed its 50-day average volume of 4.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

November 27, 2023 16:35 ET (21:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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