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Why DocuSign Stock Shot Nearly 5% Higher Today

TheMotleyFool

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Why DocuSign Stock Shot Nearly 5% Higher Today: https://g.foolcdn.com/editorial/images/705076/person-at-a-work-desk-studying-something-on-a-pc-monitor.jpg

DocuSign's (NASDAQ: DOCU) week got off to a roaring start on Monday, with its stock zooming almost 5% higher on the day. Once again, the online document security specialist was tipped as a top company in the contracts field.

On Monday morning, DocuSign announced that it was named as a leader in this year's edition of the Magic Quadrant for Contract Lifestyle Management (CLM), an annual analysis from influential market research company Gartner.

CLM is a formal term for the life of a contract, from initiation through compliance and (if applicable) renewal.

Source Fool.com

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