DJ Salesforce Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Salesforce Inc. $(CRM)$ slid 1.10% to $282.89 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,770.20 and the Dow Jones Industrial Average rising 0.52% to 42,801.72.
This was the stock's second consecutive day of losses.
Salesforce Inc. closed 23.34% below its 52-week high of $369.00, which the company achieved on December 4th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. $(MSFT)$ fell 0.90% to $393.31, Alphabet Inc. Cl C $(GOOG)$ rose 0.88% to $175.75, and Alphabet Inc. Cl A $(GOOGL)$ rose 0.88% to $173.86.
Trading volume (8.2 M) eclipsed its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2025.
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March 07, 2025 16:33 ET (21:33 GMT)
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