Shares of Salesforce Inc. CRM, -0.80% dropped 0.80% to $219.42 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.16% rising 0.16% to 4,502.88 and the Dow Jones Industrial Average DJIA, +0.47% rising 0.47% to 34,991.21.
The stock’s fall snapped a three-day winning streak.
Salesforce Inc. closed $18.80 below its 52-week high ($238.22), which the company achieved on July 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT, +0.04% rose 0.04% to $369.67, Alphabet Inc. Cl C GOOG, +0.70% rose 0.70% to $136.38, and Alphabet Inc. Cl A GOOGL, +0.75% rose 0.75% to $134.62.
Trading volume (4.8 M) eclipsed its 50-day average volume of 4.3 M.