Why Smartsheet Stock Skyrocketed 81% in 2019

Smartsheet (NYSE: SMAR) stock soared 80.7% in 2019, according to data from S&P Global Market Intelligence. The S&P 500 returned 31.5% over the period.

The cloud-based collaboration software provider's stock has gained 199% since its initial public offering (IPO) in April 2018.

Image source: Getty Images.

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Source Fool.com