Salesforce Inc. stock rises Tuesday, outperforms market

Salesforce Inc. stock rises Tuesday, outperforms market

Shares of Salesforce Inc. CRM, +0.72% inched 0.72% higher to $198.50 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.09% rising 0.09% to 4,154.87 and the Dow Jones Industrial Average DJIA, -0.03% falling 0.03% to 33,976.63.

This was the stock’s fifth consecutive day of gains.

Salesforce Inc. closed $1.50 short of its 52-week high ($200.00), which the company reached on March 31st.

The stock outperformed some of its competitors Tuesday, as Microsoft Corp. MSFT, -0.15% fell 0.15% to $288.37, Alphabet Inc. Cl C GOOG, -1.22% fell 1.22% to $105.12, and Alphabet Inc. Cl A GOOGL, -1.39% fell 1.39% to $104.50.

Trading volume (4.6 M) remained 3.3 million below its 50-day average volume of 8.0 M.

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