: Salesforce’s stock surge would add nearly 140 points to the Dow’s price
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.
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