Why Is Salesforce Stock Falling on Tuesday?
Salesforce, Inc. (NYSE: CRM) stock is declining Monday after Morgan Stanley downgraded the cloud software provider to Equal-Weight and cut its price forecast to $185.
A big investment bank said Salesforce might not grow as fast as people thought, so they lowered their guess about what the stock price should be. When important experts become less excited about a company, people sometimes decide to sell, which can make the stock price drop.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.
