SalesForce – Salesforce.com Inc. stock falls Friday, underperforms market
Shares of Salesforce.com Inc.
sank 0.71% to $216.50 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.74% to 4,232.60 and the Dow Jones Industrial Average
rising 0.66% to 34,777.76. Salesforce.com Inc. closed $68.00 below its 52-week high ($284.50), which the company achieved on September 2nd.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp.
rose 1.09% to $252.46, Adobe Inc.
rose 1.06% to $488.73, and SAP SE ADR
rose 0.05% to $141.74. Trading volume (5.8 M) remained 721,041 below its 50-day average volume of 6.5 M.