|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's range||163.60 - 167.24|
|52-week range||126.34 - 234.49|
|Beta (5Y monthly)||1.13|
|PE ratio (TTM)||632.77|
|Earnings date||27 Feb 2023 - 03 Mar 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||190.73|
Although we are only one month into 2023, companies such as Microsoft, Amazon, Alphabet, Shopify, Spotify, and Salesforce.com (NYSE: CRM) have all announced layoffs. One notable investor, Michael Burry, who famously predicted the housing collapse in 2008, has recently called out Salesforce.com in a recent Twitter thread. While investors were pleased to read the news regarding layoffs, Burry believes that this reaction is short-sighted and that tough times are ahead for the customer relationship management (CRM) leader.
Yahoo Finance Live co-host Seana Smith checks out some of the stocks trending in the after-hours trading session.
Yahoo Finance Live anchors discuss the appointment of Salesforce’s new board of directors.