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Here's Why Salesforce Stock Rose 13% in May

Here's Why Salesforce Stock Rose 13% in May

Shares of Salesforce (NYSE: CRM) climbed 12.6% last month, according to S&P Global Market Intelligence. The stock steadily gained throughout the weeks leading up to its quarterly earnings report amid broader momentum for growth stocks. The leader in enterprise cloud software closed out the month by exceeding Wall Street's forecasts for first-quarter sales and earnings.