Salesforce (CRM) Dips 8% in 3 Months: What Should Investors Do Now?
salesforce(CRM) ZACKS·2024-08-19 13:15
Salesforce, Inc. (CRM) has seen its stock tumble more than 8% over the past three months, significantly underperforming the broader market. During this period, the S&P 500 and the Zacks Computer and Technology sector both posted gains of over 4%, making Salesforce's decline all the more concerning.Even within its own industry, the Zacks Computer – Software, Salesforce lags behind key competitors like Oracle Corporation (ORCL) and SAP SE (SAP) , whose shares have risen more than 10% in the same period.Given ...