Published on 4 Dec 2021 on Benzinga
The COVID-19 pandemic led to the rise of many things — the retail investor, to-go margaritas and virtual rap battles to name a few. But potentially the biggest beneficiary of the pandemic has been companies in the work-from-home industry and software-as-a-service (SaaS) companies.
DocuSign Inc (NASDAQ: DOCU), a company that allows businesses and individuals to legally sign contracts electronically, saw its stock skyrocket from around $90 to highs of $300 during the COVID-19 pandemic.