Why DocuSign Stock Surged 26% in the First Half of 2021
Shares of DocuSign (NASDAQ: DOCU) climbed 25.8% for the first half of 2021, according to S&P Global Market Intelligence. This rally built on market-crushing gains of 200% the growth stock delivered in 2020 as DocuSign continued to dominate the electronic-signature market in the midst of a global pandemic.
The advance for the first half of this year easily outpaced the 14.4% returns of the S&P 500 and carried DocuSign stock to a new all-time high. The results were driven by accelerating revenue growth and improving profit metrics.
Image source: Getty Images.
Source Fool.com
