/// Salesforce CEO Marc Benioff To Investors: ‘Trust Me’ (Video)
Shares of Salesforce.com fell by nearly 5 percent from yesterdays close as trading opened this morning. That represents a drop in value of nearly 10 percent from the start of the year, but it’s been an up-and-down-and-up-again ride. During the year the shares have traded as high as $160 and as low as $109. In a word it’s a volatile stock. The reason is that investors can’t seem to settle on what Salesforce is, and how to value it. The stock was killed yesterda y — especially in after-hours trading when it fell by as much as 10 percent — on disappointing quarterly results.