Why BILL Holdings Stock Jumped 25% in December
Shares of BILL Holdings (NYSE: BILL) were gaining last month as the stock benefited from the Federal Reserve's rate-cut announcement. After the company announced a round of layoffs, it committed to controlling costs to raise profits.
As a result, the stock gained 25% last month, according to data from S&P Global Market Intelligence. As you can see from the chart below, the stock gained in steps on a few occasions last month.
Source Fool.com