Salesforce Stock Up 2.24% After Listen Labs Acquisition
Salesforce's stock price has increased by 2.24% after the company announced its acquisition of Listen Labs to enhance its Agentforce and AIforce enterprise tools.
The move is part of Salesforce's efforts to expand its AI offerings, which have been driving growth in enterprise adoption.
Salesforce reported annual revenue of $41.52 billion and declared a quarterly dividend of $0.44 per share, representing an annualized yield of 0.8%.
The company's stock is trading below its 20-day moving average but remains in a medium- and long-term bullish structure, with indicators showing oversold signals and a projected price range of $226.28 to $243.18 over the next five sessions.