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Salesforce.com Inc. Stock Rises Monday, Still Underperforms Market

DowjonesNews MarketWatch · Oct 18, 2021 16:47

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

Shares of Salesforce.com Inc. (CRM) inched 0.01% higher to $291.70 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.34% to 4,486.46 and the Dow Jones Industrial Average falling 0.10% to 35,258.61. This was the stock's sixth consecutive day of gains. Salesforce.com Inc. closed $1.17 below its 52-week high ($292.87), which the company reached on October 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 1.01% to $307.29, Adobe Inc. (ADBE) rose 2.09% to $622.83, and SAP SE ADR (SAP.XE) fell 0.45% to $145.37. Trading volume (4.3 M) remained 1.7 million below its 50-day average volume of 6.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2021.

-MarketWatch Automation

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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