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Why Salesforce Stock Was Leading the Dow Jones Higher Today

TheMotleyFool

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Why Salesforce Stock Was Leading the Dow Jones Higher Today: https://g.foolcdn.com/editorial/images/705216/buy-sell-stocks-on-a-tablet.png

Shares of Salesforce (NYSE: CRM) were up as much as 7.5% at the market open this morning after news that value-investment firm Starboard Value LP had acquired a stake in the company. As of 11:42 a.m. ET, the stock was holding a 3.4% gain on the day so far, outperforming the blue chip heavy Dow Jones Industrial Average.