SalesForce – Salesforce.com Inc. stock falls Monday, underperforms market
Shares of Salesforce.com Inc.
slid 1.19% to $215.06 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.25% to 4,163.29 and Dow Jones Industrial Average
falling 0.16% to 34,327.79. The stock’s fall snapped a two-day winning streak. Salesforce.com Inc. closed $69.44 short of its 52-week high ($284.50), which the company achieved on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp.
fell 1.20% to $245.18, Adobe Inc.
fell 0.79% to $482.74, and SAP SE ADR
fell 1.05% to $137.36. Trading volume (3.8 M) remained 1.7 million below its 50-day average volume of 5.5 M.