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Marketo (MKTO -10.5%) gives back its early gains, and then some, as investors decide the...

Marketo (MKTO -10.5%) gives back its early gains, and then some, as investors decide the Salesforce-ExactTarget deal is bad news if a suitor doesn't come knocking. Roth points out Marketo gets 90% of its revenue from Salesforce's customer base, and thinks Salesforce's purchase of a rival could cause "medium-term problems." Also: many thought Marketo, rather than ExactTarget, would be the cloud marketing automation firm Salesforce would go after. Responsys (MKTG +7.5%) remains sharply higher.
Comments (1)
  • CostasT
    , contributor
    Comments (2) | Send Message
     
    Eggs in one basket??
    5 Jun 2013, 02:01 PM Reply Like
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