Salesforce (NYSE:CRM) has become a fallen angel, with its stock plunging 56% from its all-time high.
It has fallen 38% this year alone, making it the worst-performing stock in the Dow Jones Index.
So why has this once-popular software stock been in retreat since December 2024?
CRM stock vs Dow Jones | Source: TradingView Salesforce Stock Has Fallen Amid SaaSPocalypse Fears CRM stock has fallen in the past few years amid concerns about its revenue and market share growth.
Most recently, the retreat has been because of the ongoing SaaSPocalypse concerns.
