Here's Why Salesforce Stock Soared Today
The reports of software's death are greatly exaggerated.
Overview
Shares of Salesforce (NYSE: CRM) surged on Thursday after the cloud-based customer relationship management platform's quarterly results helped to calm investors' fears of a forthcoming "SaaSpocalypse."
Image source: Getty Images.
"This nonsense of this SaaSpocalypse, I think it is time for it to stop," CEO Marc Benioff said during Salesforce's earnings call.
Details
Source
Originally published at www.fool.com.
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