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Why Salesforce Stock Was Cruising Higher Today

TheMotleyFool

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Shares of Salesforce (NYSE: CRM), the cloud software giant, were moving higher today after the company announced a price increase across its core products.

The news delighted Wall Street, which was no surprise, and the stock was trading up 3.6% as of 1:14 p.m. ET on Tuesday.

In an announcement this morning, Salesforce said it would be increasing the list price by an average of 9% across key product lines like its sales cloud, service cloud, marketing cloud, and Tableau.

Source Fool.com

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