May 29, 08:23 PM

$CRM Plunges $37 After Hours, Dow Drops -240 Points, Stock Closes at $232, Weekly Puts Surge Over 1200%

$CRM, a key player in the market, experienced a significant drop in after-hours trading, leading to a decline of around $37 and roughly -240 Dow points. The stock closed at $232, down 14%, with weekly puts up over 1200%. Analysts noted the company's guidance and earnings performance, with some expressing concerns about its valuation and growth outlook.

#Dow

Written with ChatGPT (GPT-3).

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Chris Shipping 🚢🚢@christankerfund
2 years ago
Big oil draw. Meanwhile tech is being hit as $CRM lowers guidance, -17%. #OIL https://t.co/AcLAY4XHdP
Ripster@ripster47
2 years ago
$CRM #update More lows, some support at 217/220 but buyers should assume 200 risk on this one! These are D- Long setup, those chasing dips from 250 learned lesson, dnt do it, not worth it, dnt build bad habits! https://t.co/lhOJEfxiGu https://t.co/oysYLKo6Gg
Jason@3PeaksTrading
2 years ago
$CRM back to long term buy zone at 50% retracement of entire bull run and top of 2023 yealy value at 230. Should be interesting maybe some capitulation into this move. It peaked back in March so natural correction has been ongoing.. nothing new https://t.co/kfxIAHEMYU

$CRM Plunges $37 After Hours, Dow Drops -240 Points, Stock Closes at $232, Weekly Puts Surge Over 1200%

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