DJ Salesforce Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Salesforce Inc. $(CRM)$ slumped 0.18% to $276.19 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,071.63 and the Dow Jones Industrial Average falling 0.11% to 38,460.92.
The stock's fall snapped a two-day winning streak.
Salesforce Inc. closed $42.53 below its 52-week high ($318.72), which the company reached on March 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ rose 0.37% to $409.06, Alphabet Inc. Cl C $(GOOG)$ rose 0.74% to $161.10, and Alphabet Inc. Cl A $(GOOGL)$ rose 0.55% to $159.13.
Trading volume (3.9 M) remained 2.1 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2024.
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(END) Dow Jones Newswires
April 24, 2024 16:35 ET (20:35 GMT)
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