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Salesforce Stock Began 2019 With Pop, Then Traded Sideways

  • Writer: Joseph K
    Joseph K
  • Dec 10, 2019
  • 1 min read

Cloud software giant Salesforce.com, Inc. (CRM) beat earnings estimates for the 11th consecutive quarter on Dec. 3, but guidance disappointed. The stock set its all-time intraday high of $167.56 on April 29 and then consolidated those gains for the remainder of the year. Since setting the high, the stock traded down to $137.87 into Aug. 14 for a correction of 17.7%, which has also been consolidated since then.




 
 
 

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