Salesforce stock drops to a seven-week low — what to watch for CRM after the MLK Day pause
18 January 2026
1 min read

Salesforce stock drops to a seven-week low — what to watch for CRM after the MLK Day pause

New York, Jan 18, 2026, 16:32 EST — Market closed.

  • Salesforce (CRM) closed Friday at $227.11, slipping roughly 2.8%.
  • The U.S. stock exchanges and bond markets will be closed Monday in observance of Martin Luther King Jr. Day. 1
  • The World Economic Forum’s Annual Meeting is set for Jan. 19-23 in Davos-Klosters. 2

Salesforce shares ended Friday down 2.75% at $227.11, marking their lowest close since Nov. 26. This stretched the stock’s losing streak to four sessions and dragged the Dow component roughly 12% lower for the week. After hours, the stock showed little movement. 3

This matters because the drop has thrust Salesforce back into the spotlight as a big-cap laggard, right as traders approach a long weekend and a shortened preview of next week. With little fresh company data available, the next move might hinge more on sentiment than news.

The New York Stock Exchange will be closed Monday in observance of Martin Luther King Jr. Day. Trading resumes Tuesday for the next regular session. 4

Friday’s tape showed little support. Enterprise software stocks were uneven, ServiceNow slid almost 3%, while Oracle pushed higher. The S&P 500 and Dow both slipped. 5

Salesforce has been doubling down on its “agentic” angle — AI agents designed to take action, not just respond to queries. The company unveiled a concierge app named “EVA,” built on its Agentforce platform, for the World Economic Forum’s annual Davos meeting from Jan. 19-23. CEO Marc Benioff described it as “far more than a chatbot.” 6

A separate SEC Form 4 filing—used to report insider trades—revealed that director Neelie Kroes sold 3,893 shares on Jan. 14 at a weighted average price near $238.70, leaving her with 7,299 shares. 7

The group remains under pressure as investors question how fast AI features will translate into revenue and if productivity improvements will impact seat growth in software. David Wagner, head of equity at Aptus Capital Advisors, highlighted a recent rotation from software stocks into semiconductors. 8

Salesforce offered no earnings update or guidance revision on Friday, leaving its shares to move in line with broader sector jitters. Traders are eyeing whether any post-holiday dips attract buyers or if selling momentum persists into Tuesday.

A bounce isn’t guaranteed. If Salesforce can’t deliver clearer returns from Agentforce, or if enterprise buyers remain hesitant to increase spending, the stock could stay sluggish even if the broader market holds steady.

After Monday’s close, all eyes shift to Tuesday’s open and any signals from Davos as the World Economic Forum kicks off. Running Jan. 19-23, the event will have investors tuning in for more than just product demos—particularly any firm news on Agentforce deployments. 9

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