Salesforce Stock Plummets 11.34% in Two Days, Trading Volume Ranks 44th

On April 4, 2025, Salesforce (CRM) experienced a significant decline, with its stock price dropping by 5.67% over two consecutive days, resulting in a total decrease of 11.34%. The trading volume for the day was 23.61 billion, placing it at the 44th position in the daily stock market rankings.

Salesforce's stock price fell during trading on Thursday, reaching a low of $254.46 and closing at $255.24. The decline in Salesforce's stock price can be attributed to the broader market downturn, as the tech-heavy Nasdaq and other major indices experienced significant losses due to escalating trade tensions and recession fears.

Additionally, the market is currently undergoing a sector rotation, with investors shifting their focus from tech and consumer discretionary sectors to more defensive sectors such as utilities and consumer staples. This rotation has led to a decline in enterprise software stocks, including Salesforce, as new tariffs could prompt a slowdown in spending.