Salesforce falls 10% amid earnings results, CEO update

SALESFORCE

Salesforce shares dipped 10% in Thursday's trading session as investors continued to digest the company's corporate results released yesterday.

The software company said in its earning report that net income stood at $210 million in the three months ending October 31. Meanwhile, Earnings per Share stood at $0.21. On the other side, the firm also announced that Bret Taylor will step down as vice chair and co-CEO of Salesforce on January 31, 2023.

At 12:04 pm ET, Salesforce's share declined 10.34% to sell for $143.69.

Baha Breaking News (BBN) / JG