not vested
FOR REMOTE BUSINESSES, THIS DIGITAL SERVICE IS KEY
Today's company is benefiting as America works from home...
To stop the spread of the coronavirus, many businesses have moved to a "telework" environment. That means that many people are still doing their jobs – just from the safety of their own homes. But as business goes remote, folks can't simply exchange contracts and documents in person anymore. Luckily, today's company has a solution...
DocuSign (DOCU) is an $18 billion Software as a Service ("SaaS") company. It's best known for its "e-signature" software, where users can create, sign, and send contracts electronically. This is a more efficient and time-friendly method than using physical copies.
And with people staying at home, this technology is taking off... CEO Dan Springer recently said that the increased demand for DocuSign's services will offset the headwinds from a slowing economy.
As you can see in today's chart, DOCU has just hit a new all-time high.
Source: Daily Wealth