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Benzinga

Business

Adam Eckert

FORGOTTEN HISTORY: Why docusign shares are moving higher after hours - The Untold Story

DOCU DocuSign Nasdaq Zoom Video ZM Docusign Inc Zoom Video Communications Inc

DocuSign Inc (NASDAQ:DOCU) shares are trading higher in Monday's after-hours session in sympathy with Zoom Video Communications Inc (NASDAQ:ZM) after the company reported better-than-expected financial results and raised guidance.

Zoom Video is part of a basket of stocks tied to the stay-at-home trade, which became popular in the wake of the COVID-19 pandemic. DocuSign is considered one of the pandemic beneficiaries. Both stocks are trading significantly below their pandemic highs.

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