Shares of Salesforce Inc. CRM, +0.42% inched 0.42% higher to $160.32 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.86% rising 1.86% to 3,973.75 and the Dow Jones Industrial Average DJIA, +1.98% rising 1.98% to 31,880.24. This was the stock’s second consecutive day of gains. Salesforce Inc. closed $151.43 below its 52-week high ($311.75), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. MSFT, +3.20% rose 3.20% to $260.65, Adobe Inc. ADBE, +1.92% rose 1.92% to $406.76, and SAP SE ADR SAP, +2.46% rose 2.46% to $99.83. Trading volume (6.0 M) remained 960,451 below its 50-day average volume of 6.9 M.