Salesforce Inc is an American cloud-based software company. The company was founded on the 3rd of February 1999 in the USA. Since its founding, Salesforce has grown to one of the largest companies in the world. It had its IPO in 2004 at $3.75 per share. Salesforce is currently the 48th ranked company in the world with a market cap of $202.06Billion as of the 15th of May 2023. Salesforce is listed on NYSE as CRM. As of this year, Salesforce has a total staff of 79,390.
In November 2021, $CRM reached an all-time high at $311. The bears resumed activities after the high in 2021 and price fell throughout 2022 until it reached $126 per share. Before the end of 2022, there seemed to be a bit of hope for the bulls as a rally began. The opening price of $CRM at the beginning of 2023 was $135. This rally has resulted to a 52-week high at $206 on the 10th of May 2023. This rally could continue as price could reach $225 from its current price of $203.45.
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