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Salesforce Stock Slides So Far On Wednesday, Underperforms Market

Via News Editorial Team

November 25, 2020

Salesforce Stock Slides So Far On Wednesday, Underperforms Market

Shares of Salesforce fell 4.59% to $248.86 at 12:12 EST on Wednesday, following yesterday's downward trend. The New York Stock Exchange is jumping 0.15% to $13,218.70, after two sequential sessions in a row of losses, on what up until now seems, a somewhat positive trend exchanging session today.

Salesforce's last close was $249.42, 14.32% under its 52-week high of $284.50.

Salesforce's sales growth is 16.3% for the ongoing quarter and 13.8% for the next.

Year-on-year quarterly revenue growth grew by 28.9%, now sitting on 19.38B for the twelve trailing months.

Salesforce's stock is valued at $248.86 at 12:12 EST, way under its 52-week high of $284.50 and way higher than its 52-week low of $115.29.

Salesforce's worth is under its 50-day moving average of $250.13 and way above its 200-day moving average of $209.10.