Salesforce stock slumps on weak outlook despite upbeat Q4 earnings

Stock-trend disruptor Salesforce (CRM) posted its fourth-quarter earnings on March 4, Monday, after the closing bell. Total quarterly revenue jumped 26% to $3.60 billion. Earnings was 46 cents per diluted share, while non-GAAP diluted earnings was $0.70 a share. While many are of the opinion that the stock is overvalued, the market touted Salesforce to … Continue reading Salesforce stock slumps on weak outlook despite upbeat Q4 earnings