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The board of directors of Salesforce.com has approved a four-for-one (4:1) split of the company's common stock, and shareholders approved an increase in the number of authorized shares of common ...
Salesforce, the world's largest provider of cloud-based customer relationship management (CRM) services, went public at a split-adjusted price of $2.75 per share in 2004. At its current price of ...
Salesforce's stock trades at more than 40 times its trailing earnings. And that's after factoring in last week's sell-off. It's a high valuation for a business that is expecting just single-digit ...
In a reverse stock split, your current shares are exchanged for fewer shares. When the split occurs, the share price also changes automatically to reflect the exchange ratio. That is, regardless ...
Recently, CNBC commentator Jim Cramer took to the air to declare that stock splits matter, and that, in particular, salesforce.com's plan to split 4-for-1 could send the shares higher. He's wrong ...
Salesforce's (NYSE: CRM) stock price plunged 20% on May 30 after the company released its latest earnings report, marking its steepest one-day decline in 20 years. For the first quarter of fiscal ...
No wonder Salesforce is a popular tech stock among billionaire-led hedge funds. And among Wall Street analysts, the consensus is an overweight rating with a median share price of $300 for ...
Stock splits often result in a bump in the stock’s price, simply because more investors are interested in the stock at the new price than were interested at the old price.