Search results
- Investors were disappointed in the cloud software leader's earnings forecast. What happened Salesforce.com (CRM 0.50%) stock fell 10.8% following a disappointing earnings announcement on Nov. 30.
www.fool.com › investing › 2022/01/09
People also ask
Why is Salesforce (CRM) stock falling?
Is CRM a good stock to buy today?
Is a slowdown weighing on a software company's growth rate?
Will Salesforce's growth rate slow down?
Dec 1, 2021 · A poor outlook is behind today's fall. By William White, InvestorPlace Writer Dec 1, 2021, 11:24 am EDT. Salesforce (NYSE: CRM) stock is falling on Wednesday following the release...
- What Happened
- So What
- Now What
Salesforce.com (CRM0.50%)stock fell 10.8% following a disappointing earnings announcement on Nov. 30. While the company outpaced Wall Street estimates for revenue and earnings, analysts were dissatisfied by its growth outlook.
Salesforce.com reported 27% revenue growth in its most recent quarter, which was more or less in line with analyst expectations. The company produced a small net profit and was free cash flow-positive. There's typically a tradeoff between profitability and a high growth rate, so investors are generally pleased when a stock can deliver both. The com...
The recent struggles of Salesforce.com stock is a tough pill to swallow for shareholders. If we zoom out, though, it looks like a short-term correction that brings the stock back to its long-term upward trend. It's still up around 70% from the COVID-19 market crash low, and now it has a much more rational valuation with a strong fundamental upside....
- Ryan Downie
Dec 1, 2022 · The roughly $15 drop in the CRM software provider's stock price represented more than 100 points of downward pressure on the Dow, making it responsible for the majority of the...
- Dan Caplinger
Jan 5, 2022 · Cloud-based software giant Salesforce CRM closed down over 8% on Wednesday after UBS analyst Karl Keirstead cut his rating and price target on the stock.
Apr 15, 2024 · What Happened: Shares of customer relationship management software maker Salesforce (NYSE:CRM) fell 7.1% in the afternoon session after the Wall Street Journal reported that the company is in ...
Get the latest Salesforce Inc (CRM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
Find the latest Salesforce, Inc. (CRM) stock quote, history, news and other vital information to help you with your stock trading and investing.