Why Salesforce Stock Rallied Nearly 3% Higher Today

A day after a brutal sell-off for stocks, shares of cloud software-pioneer Salesforce (NYSE: CRM) were up 2.7% as of market close. At one point, shares were over 4% higher, compared to flat performance for the Nasdaq Composite overall and only a 0.2% gain for the S&P 500.  

However, Salesforce stock is still down 44% from all-time highs reached in the autumn of 2021.  

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Source Fool.com