Why Salesforce Stock Jumped Today

Shares of Salesforce.com (NYSE: CRM) surged 7.2% on Thursday after the cloud-based CRM software leader lifted its revenue forecast and offered investors an optimistic outlook for its next fiscal year.

Salesforce now expects to generate revenue in the $26.25 billion to $26.35 billion range in its fiscal 2022, which ends on Jan. 31. That's up from a prior estimated range of $26.2 billion to $26.3 billion.

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Source Fool.com