Salesforce (NYSE: CRM) shareholders were a cautiously optimistic lot on Monday, after news broke of a major competitor to their company possibly retreating from a simmering regulatory dispute. As a result, Salesforce stock closed the day 1.5% higher, more or less matching the S&P 500 index's gain. This has drawn criticism for being very similar to Slack, the highly popular corporate messaging platform Salesforce acquired in mid-2021. Read More...
Salesforce (NYSE: CRM) shareholders were a cautiously optimistic lot on Monday, after news broke of a major competitor to their company possibly retreating from a simmering regulatory dispute. As a result, Salesforce stock closed the day 1.5% higher, more or less matching the S&P 500 index’s gain. This has drawn criticism for being very similar to Slack, the highly popular corporate messaging platform Salesforce acquired in mid-2021.