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Sohini Mondal

RARE PHOTOS: Salesforce stock analyst estimates ratings | Vintage Vibes

Salesforce CRM

Headquartered in San Francisco, California, Salesforce, Inc. (CRM) is a provider of customer relationship management (CRM) technology that connects companies and customers around the globe. With a market cap of $267.5 billion, the company supports third-party development and offers global sales, service, and subscription services, enabling data storage, lead tracking, and issue resolution.

Shares of Salesforce have lagged behind the broader market over the past 52 weeks. CRM has risen 1.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 8.6%. Moreover, shares of CRM are down 15.7% on a YTD basis, underperforming SPX’s 4.3% dip during the same time frame.

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