Shares of Salesforce Inc.
CRM,
soared 9% toward a near two-year high in premarket trading Thursday, following customer relationship management software company beat third-quarter profit expectations and raised the full-year outlook. The implied price gain of nearly $21 ahead of the open, which was on track to be the biggest since the record $56.27 rally on Aug. 26, 2020, would add about 137 points to the Dow Jones Industrial Average’s
DJIA,
price. Meanwhile, Dow futures
YM00,
rose 244 points, or 0.7%, while futures
ES00,
for the S&P 500
SPX,
edged up 0.4%. The stock, which was headed for an open at the highest price seen during regular-session hours since Jan. 4, 2022, has soared 73.7% year to date through Wednesday to pace all the Dow’s gainers this year. The Dow has tacked on 6.9% this year.
