Salesforce.com Up Nearly 26%, On Pace for Record High -- Data Talk
August 26 2020 - 11:33AM
Dow Jones News
salesforce.com, inc. (CRM) is currently at $271.99, up $55.94 or
25.89%
-- Would be new all-time high (Based on available data back to
June 23, 2004)
-- Would be largest percent increase on record (Based on
available data back to June 23, 2004)
-- Earlier Wednesday, nine firms raised their price target on
Salesforce, Benzinga reported
-- On Tuesday, Salesforce said sales grew 29% to $5.15 billion
in the second quarter, beating Wall Street's expectation of $4.87
billion in revenue, according to analysts surveyed by FactSet
-- The company said it expects sales in the current financial
year that runs through the end of January to increase to between
$20.7 billion and $20.8 billion. It previously cut its outlook to
around $20 billion in sales from as high as $21.1 billion
-- Up 39.59% month-to-date; on pace for best month since May
2005, when it rose 40.26%
-- Up 67.23% year-to-date
-- Up 79.14% from 52 weeks ago (Aug. 28, 2019), when it closed
at $151.83
-- Would be a new 52 week closing high
-- Up 118.81% from its 52 week closing low of $124.30 on March
16, 2020
-- Best performer in the S&P 500 today
-- Most active stock in the S&P 500 today
All data as of 10:52:51 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 26, 2020 11:18 ET (15:18 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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