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Veeva Systems' stock surged 161% as earnings and revenue growth attracted major investor interest.
Veeva Systems Inc., a provider of cloud-based software for life sciences, saw its stock rise by 161% in the first quarter.
TD Asset Management Inc. increased its holdings by 48,093 shares, totaling 500,646 shares, worth $115,965,000.
Despite this, other investors like GLOBALT Investments and Nikko Asset Management reduced their stakes.
Veeva reported earnings of $1.97 per share, exceeding expectations, with a 16.7% revenue increase year-over-year.
The company's market cap is $47.51 billion with a PE ratio of 61.60.
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Las acciones de Veeva Systems aumentaron un 161% a medida que las ganancias y el crecimiento de los ingresos atrajeron un gran interés de los inversores.