Why Qualtrics Stock Jumped This Week
Shares of Qualtrics International (NASDAQ: XM) were up by 5.7% this week, according to data from S&P Global Market Intelligence, after the company announced late in the week that it's expanding its partnership with Carahsoft, a technology solutions provider for public sector organizations in Canada. Qualtrics makes an experience management platform that's used by some governments and companies for a variety of COVID-19 related services, including screening, appointment scheduling, and vaccination status management, according to the press release. The companies said that the expansion of Qualtrics' partnership with Carahsoft will help Canadian government leaders "gain experience data -- the thoughts, sentiment and emotions of employees and constituents -- to provide better services for their community."
