Christmas came early for investors and Salesforce stock is on sale. Why is the stock on sale? Well, it comes down to how Wall Street operates. According to MarketWatch, Citi analyst Walther Pritchard downgraded the stock to “neutral”. Not surprisingly, traders jumped on the opportunity to hammer the stock. In reality, the selling pressure is […]
Tag: acquisition
Salesforce To Buy Slack
Today news leaked that salesforce.com (NASDAQ: CRM) wants to buy Slack Technologies Inc (NYSE: WORK). Why this big acquisition? Well, do you ever have to sort through an email tread a mile long? I do. And I hate it! Well, the business world is working to solve this problem. The basic idea is to work […]