Why DocuSign's Stock Is Trading Higher Today

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Docusign Inc DOCU shares are trading higher on Tuesday in sympathy with Zoom Video Communications ZM, which reported strong quarterly results. Docusign is set to report earnings on Thursday.

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 20.30% to $268.27 at the time of publication on Tuesday. The stock has a 52-week high of $271.44 and a 52-week low of $45.52.

See Also: Takeaways From 6 Zoom Video Analysts On Work-From-Home Stock's Big Q2 Beat

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