Jeff Ubben speaks with Salesforce CEO as more activists target the software giant
Publishing timestamp: 2023-01-23 16:48:36
Summary
Jeff Ubben of Inclusive Capital had talks with Marc Benioff, CEO of Salesforce, according to sources. Salesforce has attracted the interest of activist investor Elliott Management and Starboard Value, and is in the middle of restructuring amid slowing growth and recession fears. Salesforce's share price has climbed 17% this year but is off nearly 30% in the past year.
Sentiment: MIXED
Tickers: CRM,
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