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Salesforce Stock Drops 4.7% Amid Macro Pressure and Profit-Taking

Guavy AI Editorial Team
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Salesforce stock fell by 4.7% on September 8th, after a significant rally following its earnings report in late August.

The company's record-breaking fiscal second-quarter 2027 results included revenue growth of about 11%, faster Customer Relationship Price Optimization (cRPO) growth, and a higher full-year revenue outlook.

Despite the strong performance, Salesforce's stock price declined amid broader market conditions unfavorable for rate-sensitive growth stocks, including rising Treasury yields, higher oil prices, and renewed concern about another Federal Reserve rate increase weighing on software names.

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