Why DocuSign Stock Popped Today

Shares of e-signature leader DocuSign (NASDAQ: DOCU) are up a lucky 7.77% as of 12:05 p.m. ET.

The stock appears to be responding favorably to a Securities and Exchange Commission (SEC) filing -- just highlighted by TheFly.com last night -- that shows the CEO of the company purchased $5 million worth of DocuSign stock earlier this week.

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Source Fool.com