Why Salesforce Stock Plunged Today

Salesforce reported weak first-quarter growth and cut guidance in some metrics.Shares of Salesforce (CRM -19.74%) were taking a dive today after the cloud software giant posted disappointing results in its first quarter and offered underwhelming guidance.As a result, the stock finished today's session down 19.7%. Salesforce comes up shortRevenue in the quarter rose 11%, but that came up short of the consensus at $9.15 billion. Subscription and support revenue rose 12% to $8.59 billion, and remaining perform ...