Salesforce Shatters Former All-Time High After Q3 Beat

shares are trading higher by $4.40 at $81.75 in Thursday's session. The catalyst for the rally is a Q3 beat for EPS of $0.02 with slightly better revenues. Also, the company sees FY 2016 at the upper end of the estimated range. After a sharply higher open, it retreated to $80.65 before resuming its move higher. It has far surpassed it former all-time high of $79.38, reaching $82.90 before some profit-takers pushed it back under $82.

Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com