Salesforce Shares Soar 98% in 2023 as Activist Investors Push for Efficiency and Profitability
In a remarkable turnaround, Salesforce shares have jumped a staggering 98% in 2023, driven in part by the company's efforts to improve its financial performance and address concerns raised by activist investors. Starboard Value, a prominent activist firm, has been instrumental in pushing Salesforce to increase its adjusted operating margin, and its efforts have yielded significant results.