Salesforce (CRM) Stock Slumps 8% as Company Announces Exit of co-CEO Bret Taylor
The highlight of the earnings call was the surprise announcement of the departure of Salesforce co-CEO Bret Taylor.
The highlight of the earnings call was the surprise announcement of the departure of Salesforce co-CEO Bret Taylor.
Salesforce (CRM) stock recorded a 26.04% increase yesterday to close the day trading at $272.32. The rise is highly attributed to the better than expected fiscal 2021 second-quarter results.
Salesforce continues to expand its offerings and to add more features, such as Lition’s blockchain, to its CRM platform.
Salesforce has acquired Vlocity, a provider of industry-specific cloud and mobile software built natively on the Salesforce platform, for approximately $1.33 billion. But Salesforce (CRM) stock is in red.
Salesforce, San Francisco-based cloud computing company, has embarked upon a blockchain product, scheduled to be announced during Dreamforce, company’s annual customer conference.