ValueAct increases Salesforce stake to nearly $1 billion, sending shares up
Publishing timestamp: 2024-06-06 12:28:35
Summary
ValueAct has increased its stake in Salesforce to around 3.9 million shares worth $1 billion, showing confidence in the company despite recent revenue miss. Salesforce shares rose 3.5% on news of the increased investment.
Sentiment: POSITIVE
Keywords: breaking news: technology, business news, marc benioff, breaking news, microsoft corp, technology, salesforce inc,
Source: https://www.cnbc.com/2024/06/06/salesforce-valueact-mason-morfit-activist-benioff.html