Salesforce’s stock falls as investors chafe at the cost of latest AI purchase
Published . Updated .
An analyst calls it “a bit odd” that Salesforce plans to buy Braze at such a high premium to its recent stock price.
Directly affected
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
An analyst calls it “a bit odd” that Salesforce plans to buy Braze at such a high premium to its recent stock price.
Source: MarketWatch
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