Salesforce shares plunged 5.37%, hitting a new 52-week low, as the weeks-long sell-off intensified due to ongoing investor worries about slowing revenue growth.
- The stock closed at $199.50 on February 3, 2026.
- The pressure follows a significant price target cut by Wolfe Research from $350 to $290 earlier in the week.
- The stock has accumulated losses of -17% over the past eight days, fueled partly by challenges in AI adoption.