Salesforce (CRM) stock slips after Momentum deal as Wall Street braces for earnings
Salesforce shares fell about 1% to $185.98 midday Thursday after the company announced a deal to acquire Momentum, a platform for analyzing voice and video sales calls. The acquisition aims to enhance Agentforce and Slackbot capabilities. Investors await Salesforce’s Feb. 25 earnings report for signs that new AI products are driving growth. The transaction is expected to close in early fiscal 2027.