Salesforce stock flips lower after $5.6B U.S. Army deal headline — what’s next for CRM shares
Salesforce shares fell 0.4% to $228.39 after news of a 10-year U.S. Army contract capped at $5.6 billion. The deal, awarded to Salesforce’s Computable Insights unit, allows the Army to order services as needed but does not guarantee the full amount will be spent. The contract includes a five-year base period with a five-year option. Salesforce will report earnings around Feb. 25.