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Salesforce Stock Is Tumbling Despite Strong Earnings. What’s Behind the Slide.


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Salesforce.com stock was losing ground after the cloud-based enterprise software company posted strong earnings. Mixed guidance apparently left some investors disappointed. 

The company also announced that Bret Taylor, who has been president and chief operating officer, was promoted to co-chief executive officer with Marc Benioff and vice chair of the company’s board.

Taylor...