Why Bill.com Stock Gained 35% Last Month

Jeremy Bowman, The Motley Fool
·2-min read
Why Bill.com Stock Gained 35% Last Month

According to data from S&P Global Market Intelligence, the stock finished February up 35%. As you can see from the chart below, the stock jumped on the Feb. 5 report, and then gave back some of those gains at the end of the month on a broader sell-off in tech stocks. Customers increased 27% to 109,200 as the company continued to make inroads with the small and medium-sized businesses that make up its core customer base.