Is Informatica off the market?

“We ach... Data management company Informatica (INFA) is officially off the market, it said Monday, after negotiations with Salesforce (CRM) reportedly fell apart. Salesforce (CRM) is reportedly backing out of the deal for Informatica.

Why was Informatica stock flat in after-hours trading Wednesday?

Informatica Inc.'s stock was flat in after-hours trading Wednesday after the software company posted quarterly results. Informatica Earnings Edge Estimates. Its CEO Is Staying Mum on M&A Rumors. The company posted revenue of $388.6 million, up 6% from a year ago.

Why did Salesforce & Informatica stock prices crash on Monday?

Salesforce (NYSE: CRM) and Informatica (NYSE: INFA) stock prices crashed on Monday as traders reflected on the recent M&A rumours. INFA shares retreated by over 3.65% while CRM retreated by almost 4%.