#SalesForce November 16

We may earn money or products from the companies mentioned in this post.

Throughout November 2024, several of us are taking part in the 30-Day Dow Jones Coach4aday Challenge. Each day, we explore the history or learn about a company within the DJIA—a key economic and stock market indicator. Today’s post is on SALES FORCE.

Salesforce was founded in 1999 by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez. The origin of this business is a cloud-based customer relationship management (CRM) software. One of the cornerstones of its business is its largest selling product Sales Cloud.

The company had its initial public offering (IPO) on June 23, 2004. It was listed on the New York Stock Exchange (NYSE) under the symbol CRM. Salesforce joined the Dow Jones Industrial Average (DJIA) on August 31, 2020. It replaced ExxonMobil in the index, reflecting the growing importance of technology and cloud computing in the modern economy.

Dow Jones 30-Day Challenge Guidelines

Like previous challenges there are no hard and fast rules to participate. There are a few suggested guidelines

  1. Each day in November 2024 write about the history or a company that makes up the Dow Jones.
  2. Share at least one fact about that company.
  3. If so inclined use the hash tag #Coach4adayChallenge on social media platforms

November 16th-Sales Force

Salesforce has only been part of the Dow for slightly more than 4 years. Its stock price when it debuted in August of 2020 was $272.65. The stock price on November 14, 2024, was $331.65. During the history of the company, it has had one stock split. That was a 4:1 back in 2013.

The corporate headquarters is located in San Francisco, California, at the Salesforce Tower.

Coach4aday

My purpose in life is to coach. I am a former collegiate basketball coach, director of athletics, and chief of staff. I worked at four NCAA Division I & II universities during my career. At each campus I learned timeless lessons on teamwork and leadership. Today my passion is coaching others on what it takes to lead, serve, and succeed.

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