Here’s Why Cloud Computing Stocks Dumped

Cloud software momo stock Salesforce.com (NYSE:CRM) dropped over 10% after investors reviewed quarterly earnings. The news had a negative impact on the high flying cloud computing sector. Here are some key stocks investors sold:

Constant Contact, Inc. (NASDAQ:CTCT): CTCT shares recently traded at $21.45, down $1.43, or 6.25%. They have traded in a 52-week range of $14.46 to $36.33. About the company: Constant Contact, Inc. provides web-based e-mail marketing tools and services to businesses, associations, and organizations to help them connect with their customers and members. Get the most recent company news and stock data here >>

NetSuite Inc. (NYSE:N): N shares recently traded at $40.04, down $1.55, or 3.73%. They have traded in a 52-week range of $24.00 to $44.53. About the company: NetSuite Inc. provides relationship management software solutions . The Company offers a comprehensive suite of enterprise resource planning, or ERP, customer relationship management, or CRM, and e-commerce solutions. Get the most recent company news and stock data here >>

SuccessFactors, Inc. (NASDAQ:SFSF): SFSF shares recently traded at $,. They have traded in a 52-week range of $ to $. About the company: SuccessFactors, Inc. provides on-demand performance and employee software solutions to help organizations optimize their performance. Get the most recent company news and stock data here >>

Taleo Corp. (NASDAQ:TLEO): TLEO shares recently traded at $32.45, down $0.82, or 2.46%. They have traded in a 52-week range of $21.44 to $38.28. About the company: Taleo Corporation is a provider of enterprise staffing management solutions that enable large organizations to establish, automate and manage worldwide staffing processes for professional, hourly and temporary staff. Get the most recent company news and stock data here >>

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