Why DocuSign Stock Gained Today

Shares of DocuSign (NASDAQ: DOCU) have gained today, up by 3% as of 12:30 p.m. EDT, after the company announced yesterday that it was acquiring Liveoak Technologies. The deal will help DocuSign expand into online notary services.

DocuSign already had an existing partnership with Liveoak where the flagship DocuSign eSignature service was integrated with Liveoak's agreement-collaboration platform.

DocuSign eSignature. Image source: DocuSign.

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Source Fool.com