Salesforce.com Continues Highe, Up Nearly 3%

Salesforce.com, inc. CRM reported earnings last week that beat expectations, and has caused a stir on Wall Street, as some are claiming that the company is playing games with its earnings, but traders continue to buy up shares. At last check, shares of the software-as-a-service (SAAS) company are trading at $149.30, up $4.00 or 2.75% on 2.5 million shares, higher than the average daily volume. Since the earnings report last week, shares have rose 10.8%. Salesforce.com, Inc. is a provider of enterprise cloud computing applications. It provides a customer and collaboration relationship management (CRM), service to businesses of all sizes and industries worldwide and provides a technology platform for customers and developers to build and run business applications. Cloud computing refers to the use of Internet-based computing, storage and connectivity technology for a variety of different services.