Salesforce (NYSE: #CRM) Sinks 7%+ on Monday on News that it Could Acquire Informatica

Salesforce, Inc. (NYSE: $CRM) is a leading American cloud-based business that offers customer relation management services to its clients. Its CRM tool, used for marketing, sales, support, and analysis, is popular with companies globally. Salesforce offers a convenient means for businesses to utilize cloud technology to connect with customers and partners, and find new customers.

On late Friday, April 12, 2024, a WSJ report revealed that Salesforce was in early talks to acquire Informatica. The shares sunk over 7% the following Monday on the news, here is why.

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#Salesforce #NYSE #CRM #BuyOut #Informatica #Stocks #TradeIdeas #StockAlerts #Downtrend #BreakingNews #Trading #Investing #Acquisition

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