Why did Salesforce stock drop?

Why did Salesforce stock drop?

What happened. Shares of Salesforce (CRM 1.73%), the cloud-based customer relationship-management company, were sliding this morning as investors grow increasingly pessimistic about high-growth technology stocks. The tech stock was down by 3.1% as of 12:13 p.m. ET.

Who audits Salesforce?

Ernst & Young LLP
Who are Salesforce’s auditors? Ernst & Young LLP.

What is EMEA in Salesforce?

Europe, Middle East, and Africa.

What is Salesforce market share?

Salesforce is the leading vendor in the customer relationship management (CRM) applications market worldwide with a market share of 19.5 percent in 2020.

Is Salesforce undervalued?

Bottomline answer: yes, Salesforce’s stock is undervalued.

Is Salesforce worth buying?

All five segments generated double-digit sales growth in the fourth quarter as well as the full year, and Salesforce’s annual growth in subscription and support revenues remained comfortably above 20%….Motley Fool Returns.

Revenue Growth (YOY) FY 2021 FY 2022
Total Subscription & Support 25% 23%

How much do Salesforce executives make?

The average Salesforce executive compensation is $223,881 a year. Salesforce’s highest paid executives include: Parker Harris $10,375,027 and Alexandre Dayon $9,864,797.

What is Sfdc full form?

SFDC:- SFDC stands for Salesforce.com. It is a distributed computing and social venture software-as-a-service (SaaS) supplier situated in San Francisco. It was established in March 1999, to a limited extent by previous Oracle executive Marc Benioff. is the most popular cloud-based CRM today.

What is Salesforce live agent?

Salesforce Chat (formerly “Salesforce Live Agent”) is a native Salesforce tool that enables customer service teams to communicate in real-time with your website users. We have all seen the little ‘chat to an agent’ buttons on company websites, usually when trying to find a way to contact a support team.

Does Amazon use Salesforce?

Through this expanded partnership, Salesforce has chosen Amazon Connect as its preferred contact center technology and will resell Amazon Connect as part of its new upcoming offering, Service Cloud Voice, making it easy for organizations to deliver better customer service at a lower cost.

Who are Salesforce competitors?

List of Top Salesforce Competitors

  • Pipedrive.
  • Freshsales.
  • Salesmate.
  • Zendesk Sell.
  • Keap.
  • HubSpot CRM.
  • ActiveCampaign.
  • Creatio.