Long-Term Returns of Dan Loeb’s 5 Activist Targets

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1. Salesforce, Inc. (NYSE:CRM)

Stock Return: 25%
Activist Investment: 2023

Salesforce, Inc. (NYSE:CRM) is a company that provides cloud-based software and services for managing customer relationships, online commerce, data analysis, and social media. It was established in 1999 and is a leader in enterprise cloud computing. Third Point confirmed building a position in the company in early 2023

Loeb invested in Salesforce, Inc. (NYSE:CRM), believing that the stock was undervalued, given the strong market position and opportunities to improve profitability and capital structure. He is pushing for a say in the company’s strategic direction following the controversial acquisition of Slack. His investment in the company is already paying up, as it is up by 25%.

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