Salesforce falls after Reuters reports on software pricing outlook

Salesforce.com shares tumbled after Reuters exclusively reported on Oct. 14 that its CFO admitted the company may be pressured to cut its pricing. Bloomberg and Dow Jones did not cover the story. The stock ended the day down 5 percent versus a 3 percent drop in the Nasdaq. The next day the stock fell 14 percent, versus an 8.5 percent drop in the Nasdaq, as Wedbush Morgan cut its earnings forecasts and price target for the stock, citing the comments. Dow Jones picked up the story, citing the downgrade.