Tiger Brokers

Salesforce Inc. Stock Rallies 4.2%, Outperforms Peers

Dow Jones
Aug 14

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

Shares of Salesforce Inc. rallied 4.2% to $201.37 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.

The stock's rise snapped a two-day losing streak.

Salesforce Inc. closed 25.2% below its 52-week high of $269.11, which the company reached on December 29th.

The stock outperformed some of its peers, as Microsoft Corp. rose 0.9% to $496.88, Alphabet Inc. Cl C rose 0.5% to $343.94, and Alphabet Inc. Cl A rose 0.82% to $346.36.

Trading volume totaled 14.9 million, compared to the 50-day average of 14.4 million.

Data source: Dow Jones Market Data, FactSet

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