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Why Salesforce Stock Fell Nearly 2% Today


Shares of Salesforce (NYSE: CRM) were down 1.4% today as of market close, well below the 0.5% gain for the S&P 500 and the 0.4% gain for the Dow Jones Industrial Average (of which Salesforce is a part).

The whole week wasn't great for the cloud-based enterprise software leader (shares fell 3.5% the last five trading days), and its peer Adobe (NASDAQ: ADBE) is a likely scapegoat.  

Image source: Getty Images.

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Source Fool.com

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