Salesforce full-year profit forecast disappoints, shares drop
- Joseph K
- Feb 25, 2021
- 1 min read
Salesforce.com Inc on Thursday forecast full-year profit that was below market expectations, sending the shares of the online software company down 3.9% in extended trading.
The company’s latest and biggest acquisition of workspace messaging company Slack Technologies Inc for $27.7 billion deal in December is seen as expensive by any Wall Street analysts, even though there are long-term benefits.
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