Salesforce is trading at $220.56 (-2.88%) amid a significant technology sector decline fueled by President Trump's proposed tariffs on eight European NATO allies, creating a "risk-off" sentiment across equities.

  • The NASDAQ Composite is down 2.37% today, reflecting the sharp fall in major indices following the proposed tariffs (ranging from 10% to 25%).
  • The stock has already declined 14.71% month-to-date and 38.58% from its all-time high of $367.87 in December 2024.
  • This decline reflects ongoing challenges in the SaaS and CRM markets, where competitors like ServiceNow (down 36%) and HubSpot (down 51%) have also struggled significantly.