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0.000391247428464578 -0.000374041518608651 -0.00115952870768656 0.00100991210024306 0.00407705255283327 0.00736861791658863 0.00280531138956424 0.0119319244436132
Stock impact report

Salesforce's Position In The Industry [Seeking Alpha]

Salesforce, Inc. (CRM) 
Last salesforce, inc. earnings: 2/25 04:06 pm Check Earnings Report
Company Research Source: Seeking Alpha
As fears about an overheated economic cycle continue to accumulate during the last quarter of the year, bearish sentiment on investors has weighed more strongly in stocks with high valuations. Many companies that have been characterized by trading at a considerable premium have seen the price of their shares fall precipitously, an event that many analysts have been warning about throughout 2018. Even though the technology sector was one of the most affected during this bear market, we see that software companies have shown to be more resistant despite being in one of the most expensive industries in the market. In the case of Salesforce, Inc. (NYSE: CRM ), although the share price fell 25% of its historical high during October and November, the company still maintains an appreciation of 34% YTD thanks to a rapid recovery after showing solid results for its third quarter of 2019. This change in trend is partly due to the fact that executives increased their growth expectations Show less Read more
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