HomeTechFAANGWill The Activist Investment Hurt Or Help Salesforce (CRM)?
Will The Activist Investment Hurt Or Help Salesforce (CRM)?

Activists Elliott Management & Inclusive Capital take positions in Salesforce (CRM). Joseph Bonner discusses this as Elliot Management partner Jesse Cohn notes that Salesforce is "one of the preeminent software companies in the world." Joseph notes that CRM's share price decline has made CRM vulnerable to activists. He then goes over what activist investment at CRM means for co-CEO Marc Benioff. He also mentions how Argus Research raised Netflix's (NFLX) price target to $390 from $340 and keeps a buy rating. Tune in to find out more about the stock market today.

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24 Jan 2023

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