Salesforce Stock Is Tumbling Despite Strong Earnings and a New Co-CEO

Salesforce.com banal was losing crushed successful precocious trading Tuesday aft the cloud-based endeavor bundle institution posted beardown earnings. Mixed guidance seemingly near immoderate investors disappointed. 

The institution besides announced that Bret Taylor, who has been president and main operating officer, was promoted to co-chief enforcement serviceman with Marc Benioff and vice seat of the company’s board.

Taylor...