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Salesforce Extends 14-Day Losing Streak, Down 43% Year-to-Date Amid AI Disruption Fears

2026-06-23 01:13:17

Salesforce stock fell 1.1% to $150.12 on Monday, marking the company's 14th consecutive trading day of declines—a historical record since its public listing. The year-to-date decline has reached 43%, making it one of the worst-performing large-cap tech stocks in 2026. Market concerns center on whether AI agents and large language models could enable enterprises to develop custom AI workflows internally, potentially undermining the traditional SaaS business model and weakening demand for Salesforce's Agentforce platform. The stock's last gain was on June 1. Since early June, Salesforce shares have plummeted roughly 30% during the losing streak.

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