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Salesforce drops after reports it's in talks to acquire Informatica - TL;DR CNBC

Salesforce drops after reports it's in talks to acquire Informatica

Publishing timestamp: 2024-04-15 13:34:35


Summary

Salesforce shares fell over 6% after reports of potential acquisition of Informatica, causing Informatica's shares to drop 9%. This would be Salesforce's largest purchase since buying Slack in 2021. No specifics on the potential deal were provided. Tesla shares have also dropped 34% this year, raising doubts about the company's future performance.


Sentiment: NEGATIVE

Tickers: CRMINFA

Keywords: business newsbreaking news: technologytechnologyinformatica incsalesforce incbusiness

Source: https://www.cnbc.com/2024/04/15/salesforce-drops-after-reports-it-is-in-talks-to-acquire-informatica-.html


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