NetSuite Stock Up On Q4 Beat; SAP Responds To Jab
Posted on February 01, 2013 at 10:48 AM EST
Shares of NetSuite (N) hit an all-time high Friday, up more than 3% in mid-morning trading, at an all-time high, after the enterprise cloud software company late Thursday reported fourth quarter earnings that handily beat analyst views. But comments by NetSuite's CEO rankled some executives at rival SAP (SAP), one of the world's leading business software companies. NetSuite is a maker of cloud computing-based enterprise resource planning, customer