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Why Salesforce.com Stock Popped Today

TheMotleyFool

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Why Salesforce.com Stock Popped TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/012f8213-0bd1-4831-98f2-6d5fae956d6a.png

Shares of Salesforce.com (NYSE: CRM) rose 2.5% on Wednesday after the cloud titan delivered strong fiscal 2022 second-quarter results and boosted its full-year outlook.

Salesforce's revenue jumped 23% year over year to $6.34 billion. Rising demand for digital transformation services is driving growth across the software provider's business lines.

"Our Customer 360 platform is now fueled by a herd of unicorns perfectly designed for this all-digital world," CEO Marc Benioff said in a press release. "Sales, Service, Marketing & Commerce, Platform, Tableau, MuleSoft, and now Slack are all billion-dollar-plus products delivering customer success like no other company."

Source Fool.com

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