Salesforce shares are trading lower, possibly in sympathy with Workday and Intuit, which fell after reporting quarterly results.
Portfolio Pulse from Benzinga Newsdesk
Salesforce shares are trading lower, possibly in sympathy with Workday and Intuit, which fell after reporting quarterly results.
May 24, 2024 | 7:49 pm
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NEGATIVE IMPACT
Salesforce shares are trading lower, possibly in sympathy with Workday and Intuit, which fell after reporting quarterly results.
Salesforce shares are experiencing a decline, likely due to negative sentiment from Workday and Intuit's quarterly results. This suggests a short-term negative impact on Salesforce's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Intuit shares fell after reporting quarterly results, impacting Salesforce shares.
Intuit's quarterly results led to a decline in its share price, which in turn negatively impacted Salesforce shares. This indicates a short-term negative impact on Intuit's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Workday shares fell after reporting quarterly results, impacting Salesforce shares.
Workday's quarterly results led to a decline in its share price, which in turn negatively impacted Salesforce shares. This indicates a short-term negative impact on Workday's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80