What Did Salesforce Stock Investors Miss Before The Run?

Salesforce (CRM) stock returned 42.8% between July 21 and October 19, 2026, against 2.7% for the S&P 500. The advance turned out to be about a return to faster growth. The biggest one-day gain of the window occurred on August 27. That move came the day after management reported faster growth in revenue under contract and said annual recurring revenue from its AI and data business was about to cross $4 billion. So how much of that was already public before July 21.