Why Salesforce Stock Jumped 14% This Week
Salesforce (NYSE: CRM) shareholders beat the market this week as the stock gained 14% through Thursday trading compared to a 0.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. The boost erased some of the software giant's recent losses, but shares remain lower by about 25% so far in 2022.
The rally was powered by a positive earnings update, which convinced many investors that Salesforce is on a bullish growth path.
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Source Fool.com
