The U.K.'s increasingly messy attempt to withdraw from the European Union, called Brexit, is creating uncertainty for U.S. tech companies, who are starting to warn investors about possible fallout.
Salesforce is part of a growing number of tech companies addressing the potential impact of Brexit, a move that could add significant uncertainty to businesses in Europe. Although British lawmakers are once again expected to vote to delay Brexit, which is scheduled for later this month, more investors are asking about its future risk.
Expedia, for example, said it's seen a drop-off in U.K flight bookings due to"uncertainty around Brexit." Booking Holdings, the owner of a group of travel sites including Priceline.com, also said Brexit is creating a"tremendous amount of uncertainty."
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Source: CNBC - 🏆 12. / 72 Read more »
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