DocuSign (DOCU) Surges on News of S&P Midcap 400 Inclusion

DocuSign (DOCU, Financial) shares surged by 7.81% following the announcement of its addition to the S&P Midcap 400 index. The stock is trading at $67.68, gaining attention from institutional investors who typically adjust their portfolios to reflect index compositions, thereby driving the share price upward. DocuSign's inclusion in the S&P Midcap 400 highlights the company's growing prominence in the technology sector. The announcement also aligns with the reshuffle where MDU Resources will move from the Mi ...