Salesforce (CRM) surged 5.30% to close at $260.57 following better-than-expected third-quarter earnings and upbeat guidance, driven primarily by strong momentum in its new AI product offerings. * Adjusted EPS reached $3.25, significantly beating Wall Street's estimate of $2.86, alongside revenue hitting $10.26 billion. * The rally was supported by rapid growth in AI products like Agentforce and Data 360, coupled with the company raising its full-year fiscal 2026 guidance. * The stock's strong close places it near its estimated fair value of approximately $268, marking a continuation of its recent rebound.
Salesforce extends post-earnings rebound as shares close at $260.57
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