|Bid||44.16 x 1600|
|Ask||44.17 x 1600|
|Day's Range||44.03 - 44.24|
|52 Week Range||19.40 - 44.58|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.38|
The "Squawk on the Street" team talks about Salesforce's biggest acquisition to date, buying software company Mulesoft in a deal worth $44.89 per share in cash and stock.
Salesforce.com Inc.’s $6.5 billion purchase of MuleSoft Inc. marked a big win for a small hedge fund whose stake in the cloud-software maker at one point represented 20 percent of its holdings.
NEW YORK, NY / ACCESSWIRE / March 22, 2018 / MuleSoft shares closed up an additional 5.33% on Wednesday after seeing tremendous gains on Tuesday when it was revealed that Salesforce.com has signed a definitive ...
Stocks that moved substantially or traded heavily Wednesday: General Mills Inc., down $4.42 to $45.51 The Cheerios maker cut its profit forecast after it reported rising costs in the third quarter. MuleSoft ...
Salesforce.com traded lower as Wall Street wondered whether the company's largest acquisition ever was the right move.
Stocks finished lower on Wednesday after the first interest rate decision from Federal Reserve Chairman Jerome Powell.
Salesforce.com, inc. (NYSE: CRM ) confirmed after Tuesday's market close it has agreed to acquire Mulesoft Inc (NYSE: MULE ) after a Reuters report suggested the two companies were in advanced merger talks. ...
NEA opted to hold its MuleSoft shares after the IPO lockup, a decision that led to the firm doubling its money.
Shares of cloud computing giant Salesforce (CRM) are down $1.68, or 1%, at $123.44, after it announced yesterday afternoon, after market close, it will buy cloud startup MuleSoft (MULE) for $6.5 billion in cash and stock. The two words coming up a lot, together, are “strategic” and “expensive." The deal will be immediately dilutive to Salesforce, as Mulesoft has been projected by the Street to lose money through 2020. Stifel Nicolaus’s Tom Roderick, reiterating a Buy rating on Salesforce stock, and a $142 price target, seems exuberant about the prospect for lots more pricey cloud software M&A, as he explains the logic of over-paying for an asset: That noise you just heard was the proverbial valuation ceiling for public SaaS companies shattering into a million pieces.
Amid Salesforce's move to acquire Mulesoft for $6.5 billion, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said all of Marc Benioff's (Salesforce CEO) acquisitions over the last ...
NEW YORK , March 21, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against MuleSoft, Inc. (NYSE: MULE) and its board of directors for breach of fiduciary duty concerning the proposed ...
The following statement is being issued by Levi & Korsinsky, LLP:
Salesforce (CRM) set to buy integration software maker, MuleSoft, for $6.5 billion, marking the company's third acquisition this year and biggest ever in its history.
Among the companies with shares expected to trade actively in Wednesday's session are Facebook, Apple, Bank of America, FedEx, Mulesoft and General Electric.
Discover Salesforce.com's five largest mutual fund investors and learn why it is important that four of those funds are actively managed.
NEW YORK, NY / ACCESSWIRE / March 21, 2018 / Stock markets rallied Tuesday on gains from the energy and consumer discretionary sector. Wall Street appears to be eagerly awaiting details from the Federal ...
Salesforce.com Inc.’s deal to buy Mulesoft Inc. is the most expensive deal the cloud-software pioneer has ever made, and the reasoning for paying such a large premium seems pretty thin.
U.S. stock futures turn mixed on Wednesday as Wall Street preps for the first interest rate decision from Federal Reserve Chairman Jerome Powell.