Why Docusign's Stock Is Trading Higher Today
Docusign Inc (NASDAQ: DOCU) shares are trading higher on Monday, after Nasdaq announced Docusign will join the NASDAQ-100 Index on June 22.
Docusign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device.
The company was founded in 2003 and completed its IPO in May 2018.
Docusign shares were trading up 6.34% to $160.50 at time of publication on Monday. The stock has a 52-week high of $160.60 and a 52-week low of $43.13.
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