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Chart of the Day: Salesforce

August 11, 2023
in Trade Tube
Reading Time: 1 min read
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Salesforce is our chart of the day today, as we await the IPO of on-demand help desk Zendesk. Zendesk’s offering has been long awaited, but some sector watchers are concerned software as a service and cloud-based technology could miss its mark on public markets. It comes as Salesforce and another future Zendesk comp, Workday, struggle in 2014, despite posting strong performances last year. Next we’ll see if Zendesk’s IPO — and what happens after shares begin trading — has any impact on Aaron Levie’s Box, set to IPO later this year.

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