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Why Fastly, CrowdStrike, and DocuSign Stocks All Jumped Sharply on Monday


Shares of Fastly (NYSE: FSLY), CrowdStrike Holdings (NASDAQ: CRWD), and DocuSign (NASDAQ: DOCU) all surged higher on Monday. The three tech stocks rose as much as 8.2%, 5.3%, and 4.9%, respectively.

Shares were likely up primarily due to broader-market bullishness for growth stocks on Monday. Though the S&P 500 was down about 0.2% as of 3 p.m. EDT, the tech-heavy Nasdaq Composite was up approximately 0.4%. Also, many growth stocks like Fastly, CrowdStrike, and DocuSign were up several percentage points or more.

Image source: Getty Images.

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Source Fool.com

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