CRM is trading at $188 (-1%) as shares hit 2022 valuation levels despite strong cash flow and AI growth.
- The stock has dropped 45-50% from its peak and is currently priced as a slow-growth incumbent despite generating $15B in cash flow.
- The decline aligns with a broader tech sell-off as the NASDAQ falls 1.01%, following a previous close of $189.72.
- Pre-market data shows CRM at $188 (-0.91%) as the market re-evaluates the company's growth trajectory. [Hero News ID: 699432155f9f0ae648be8599]