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Why Salesforce.com Stock Rose 15% in the First Half of 2020

TheMotleyFool

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Why Salesforce.com Stock Rose 15% in the First Half of 2020

Salesforce.com (NYSE: CRM) finished the first six months of the year up 15%, according to data from S&P Global Market Intelligence, as the cloud software giant delivered solid results in the face of the global pandemic and rode a broader recovery wave in SaaS (software-as-a-service) stocks.

The chart below shows the stock's trajectory over the first half of the year.