Salesforce.com shares popped Tuesday after a report that Microsoft might be interested in the cloud software company.
According to Bloomberg, Microsoft is considering a bid for Salesforce.com, one week following a report the company was fielding bids for a potential takeover.
Salesforce shares (CRM) closed up 1.6% to $72.75 a share after a brief halt in trading after the news emerged. The stock rose more than 3% after it resumed trading. The company's shares had surged 12% to a record in late April after a report it had hired financial advisers to field takeover inquiries.