What's Happening With CRM Stock?
1. Salesforce posted Q1 revenues of $9.83 billion, exceeding expectations. 2. Company raised its full-year EPS and revenue forecast, exceeding Street targets. 3. CRM stock down 17% YTD, underperforming the S&P 500 index. 4. Salesforce acquired Informatica for $8 billion, its largest acquisition since Slack. 5. CRM's valuation appears appealing compared to operational performance metrics.