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Why Sprinklr Stock Is Jumping Today
Enterprise software specialist Sprinkler (NYSE: CXM) trounced the market on Thursday, with shares rising 17% by 12:45 p.m. ET compared to a 0.5% drop in the S&P 500. Sprinkler revealed before the market opened that sales rose 30% to $136 million in the fiscal fourth quarter that runs through late January. “We accelerated our growth [in fiscal 2022], went public, and created a new category called unified customer experience management for the world’s leading enterprise brands,” CEO Ragy Thomas said in a press release.
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