Why Sprinklr Stock Is Jumping Today

Enterprise software specialist Sprinkler (NYSE: CXM) trounced the market on Thursday, with shares rising 17% by 12:45 p.m. ET compared to a 0.5% drop in the S&P 500.

The spike wasn't enough to put shares back in positive territory for the year, but the stock has cut its fiscal 2022 losses significantly since late January. The rally was powered by a well-received earnings update.

Image source: Getty Images.

Source Fool.com