Is Salesforce Stock in Trouble?
CRMsalesforce(CRM) The Motley Fool·2024-06-07 17:10

After last week's sell-off, Salesforce's stock is now down 10% in 2024. Share prices of Salesforce (CRM 2.63%) plunged last week after the company released its latest quarterly results. While the business is still growing, it didn't provide analysts and investors with the level of growth they were expecting. For a stock that trades at a relatively high valuation, that could put it in a dangerous position. Salesforce is still a dominant name in the tech world, and its customer relationship management (CRM) p ...