Sunday, November 1, 2026

Salesforce Stock Drops 7% So Far On Wednesday, Underperforms Market

ViaNews Editorial Team

December 2, 2020

Salesforce Stock Drops 7% So Far On Wednesday, Underperforms Market
Even though Salesforce has been somewhat immune to the crisis, shares dropping 7.9% to $222.29 at 11:11 EST on Wednesday, after two consecutive sessions in a row of losses. The New York Stock Exchange is dropping 0.07% to $14,137.00, following yesterday's upward trend, on what up to now seems, a somewhat rough trend trading session today. Salesforce's last close was $241.35, 27.99% under its 52-week high of $284.50.

News about Salesforce today

Salesforce confirms deal to buy slack. According to today's article on The Wall Street Journal, "The $27.7 billion purchase, which still has to clear Slack shareholder and regulatory approval, would be Salesforce’s largest ever acquisition and boost its competition with rival Microsoft.." According to today's article on Bloomberg Quint, "Salesforce’s Benioff Escalates Microsoft Rivalry With Slack Deal." Salesforce falls 7% after confirming $27.7 billion slack acquisition and forecasting slower growth. According to today's article on Business Insider. Stock alert: Salesforce tumbles 10%. According to today's article on Business Insider, "(RTTNews) - Shares of Salesforce.com, Inc."

Salesforce's Sales

Salesforce's sales growth is 13.8% for the ongoing quarter and 16.6% for the next. The company's growth estimates for the current quarter and the next is 30.3% and 12.9%, respectively.

Salesforce's Revenue

Year-on-year quarterly revenue growth grew by 20.1%, now sitting on 20.29B for the twelve trailing months.

Salesforce's Stock Top and Bottom Yearly Value

Salesforce's stock is valued at $222.29 at 11:11 EST, way under its 52-week high of $284.50 and way higher than its 52-week low of $115.29.

Salesforce's Moving Average

Salesforce's worth is way below its 50-day moving average of $251.35 and above its 200-day moving average of $220.48.

Previous days news about Salesforce

Salesforce to buy software maker slack for $27.7 billion. According to yesterday's article on Bloomberg Quint, "Salesforce agreed to buy Slack in one of the biggest technology deals of the year.." According to yesterday's article on MarketWatch, "Salesforce to buy Slack in deal worth $27.7 billion." Salesforce’s splashy slack deal isn't worth the risk. According to yesterday's article on Bloomberg Quint. Salesforce plus slack doesn't equal Microsoft. According to yesterday's article on The Wall Street Journal, "Its $27.7 billion deal for Slack steps up Salesforce’s competition with Microsoft, but it might take even more acquisitions to gain ground.."
ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

What we know · the intelligence behind this page
Live from the substrate
What we're seeing
Agentic AI Goes Operational: Platform Governance, Local Silicon, and the Physical-AI Data Race
In mid-to-late October 2026, enterprise vendors (Cisco, Fortinet, ServiceNow, Intuit, Salesforce/Braze, Adobe) shipped agent governance, AI security and AI-driven customer engagement products, while a parallel hardware wave (NVIDIA RTX Spark laptops, ASUS, Apple's iPad mini, Microsoft's hybrid local/cloud Windows) pushed AI onto local devices. A third strand, physical AI (Encord, Harvest Praxis, Hesai), argues that real-world sensor data and cheaper edge chips are the next bottleneck. The common thread is the shift from AI experimentation to governed, scaled deployment, with Salesforce's Braze acquisition showing consolidation and fintech players like Intuit tying AI to trusted financial data. The facts support a broad industry theme but contain little direct finance or regulatory evidence, so the AI-finance angle is thin.
Our read on the data ›
Signals we're tracking
EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
Patterns we're watching ›
Where sources disagree
Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
We flag conflicts openly ›
Recently verified
✓ Checked against the original source
4,995
facts traced to their source — and we flag the ones that don't hold up.
101 entities tracked4,995 facts checked against source5,532 source documents archived
Query this data → isubstrate.com
Salesforce Stock Drops 7% So Far On Wednesday, Underperforms Market | Via News