Why Is Salesforce Stock Falling on Friday? - Salesforce (NYSE:CRM)

Benzinga · Kaustubh Bagalkote ·

Salesforce Inc. (CRM) stock trades lower Friday following a broader software sell-off and a credit downgrade from S&P Global Ratings.

Salesforce Inc. (NYSE:CRM) shares traded lower on Friday, weighed down by a broader sell-off in enterprise software stocks. Market volatility also persisted following the midterm election results as investors continued to assess the evolving political landscape.

• Salesforce stock is showing weakness. What’s pulling CRM shares down?

Despite the weakness in Salesforce shares, broader markets remained higher, with the Nasdaq gaining 2.51% and the S&P 500 advancing 1.08%.

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