Why Bill.com Stock Rose 13% in February

Shares of Bill.com (NYSE: BILL) were gaining last month, overcoming the coronavirus-driven sell-off in the market as the IPO stock posted a strong debut earnings report early in the month, and initially appeared to be resilient to COVID-19 fears.

According to data from S&P Global Market Intelligence, the stock finished the month up 13%. As you can see from the chart below, it jumped on its earnings report on Feb. 7, and remained volatile for the rest of the month.

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Source Fool.com