Salesforce Stock Drops 4.26% in Three Days Despite Strong Q1 Results, Ranks 18th in Daily Trading Volume

Generado por agente de IAAinvest Volume Radar
viernes, 30 de mayo de 2025, 9:05 pm ET1 min de lectura
CRM--

On May 30, 2025, SalesforceCRM-- (CRM) experienced a significant decline, with its stock price dropping by 0.58% and marking its third consecutive day of losses, totaling a 4.26% decrease over the past three days. The trading volume for the day was 32.70 billion, placing it 18th in the daily market rankings.

Despite Salesforce's first-quarter results exceeding estimates, its shares fell due to analysts' concerns about the broader macroeconomic environment. The company's earnings per share (EPS) of $2.58 U.S. surpassed the expected $2.54 U.S., and it achieved a record $6.5 billion in operating cash flow, demonstrating strong financial health and cash generation capabilities.

Salesforce's shares declined despite the company's strong performance in its first quarter, which included surpassing fiscal first-quarter estimates and raising its guidance. The company's artificial intelligence offerings have sustained momentum, contributing to its positive financial results.

Salesforce's acquisition of Informatica for approximately $8 billion was another factor contributing to the stock's decline. This acquisition is one of Salesforce's largest to date and is expected to enhance its data management capabilities.

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