Today: 11 June 2026
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.
  • The World Economic Forum’s Annual Meeting is set for Jan. 19-23 in Davos-Klosters.

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.

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.

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.

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.” Salesforce

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.

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.

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.

Stock Market Today

  • Robinhood Shares Rise as Broker Gains IPO Underwriting Approval amid Retail Demand
    June 11, 2026, 9:46 AM EDT. Robinhood Markets shares rose 3% to $86.36, driven by the firm's approval to underwrite IPOs, expanding from its retail trading platform into more traditional Wall Street roles. CEO Vlad Tenev highlighted a shift in retail investor participation, aiming to disrupt IPO allocations. Notably, SpaceX's upcoming IPO is stirring massive retail demand, with orders exceeding $250 billion against a $75 billion target. Robinhood's May data showed robust growth: 27.7 million funded accounts, $377 billion in platform assets, a 27% rise in equity volume from April, and substantial jump in event contracts. Crypto trading trends were mixed, while margin balances surged 117% annually to $19.5 billion. Needham raised its price target to $97, citing stronger equity and event contract activity. Robinhood's diversification efforts seek to reduce its crypto revenue dependence as first-quarter revenue rose 15% to $1.07 billion.

Latest articles

Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

11 June 2026
Alibaba’s Hong Kong shares plunged 5.4% after Beijing regulators challenged Taobao and Tmall’s 6.18 shopping festival discount claims, intensifying regulatory risk just as U.S.-listed shares had fallen for six straight sessions and raising investor concerns over profit margins and future promotions.
Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

11 June 2026
Grab shares hovered at $3.27, just above their 52-week low, as investors await regulatory approval for its $600 million foodpanda Taiwan deal—a move expected to add $60 million in adjusted EBITDA by 2028 but still shadowed by execution and regulatory risks despite strong Q1 growth.
Asda job cuts: 150 roles at risk as depot shake-up and Evri move follow Christmas slump
Previous Story

Asda job cuts: 150 roles at risk as depot shake-up and Evri move follow Christmas slump

Qualcomm stock price slips into long weekend as investors eye dividend, board change and earnings
Next Story

Qualcomm stock price slips into long weekend as investors eye dividend, board change and earnings

Go toTop