Salesforce Stock Drops Amid Broader Software Sector Decline

On Tuesday, Salesforce (CRM) stock fell over 2%, caught in a broader decline affecting long-standing software companies. This downturn was triggered by IBM's preliminary earnings report showing weaker-than-expected revenue and profit growth due to shifting client spending from software to hardware.

By Eric Volkman · Motley Fool ·

Salesforce Stock Drops Amid Broader Software Sector Decline

Tickers: $CRM $IBM

Topics: IBM earnings guidance market reaction software

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