Shares of Salesforce dropped 3.2% to $239.70 at 11:11 EST on Monday, following yesterday’s upward trend. The New York Stock Exchange is falling 0.8% to $14,085.40, following yesterday’s upward trend, on what at the moment seems, a somewhat negative trend exchanging session today.
Salesforce’s last close was $247.63, 18.69% below its 52-week high of $284.50.
Salesforce’s sales growth is 16.3% for the current 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 $239.70 at 11:11 EST, way below its 52-week high of $284.50 and way above its 52-week low of $115.29.
Salesforce’s value is below its 50-day moving average of $252.27 and above its 200-day moving average of $219.40.
According to Bloomberg Quint on Thu Nov 26, “Let Salesforce Billionaire Benioff Land His Trendy Tech Whale.”
With slack, Salesforce would put heat on Microsoft. According to The Wall Street Journal on Thu Nov 26, “The battle to be the go-to business-software provider is intensifying, as Salesforce looks to acquire Slack Technologies..”
According to Bloomberg Quint on Fri Nov 27, “Slack CEO Is $400 Million Richer From Salesforce Deal Talks.”