DJ Salesforce Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Salesforce Inc. $(CRM)$ slipped 2.45% to $249.78 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.31% to 5,427.13 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
The stock's fall snapped a three-day winning streak.
Salesforce Inc. closed $68.94 short of its 52-week high ($318.72), which the company achieved on March 1st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Microsoft Corp. $(MSFT)$ fell 3.59% to $428.90, Alphabet Inc. Cl C $(GOOG)$ fell 5.03% to $174.37, and Alphabet Inc. Cl A $(GOOGL)$ fell 5.04% to $172.63.
Trading volume (4.9 M) remained 4.3 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 16:35 ET (20:35 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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