Zuora (ZUO) Surges 5.7%: Is This an Indication of Further Gains?

Zuora (ZUO) shares soared 5.7% in the last trading session to close at $9.96. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.8% gain over the past four weeks. Zuora is benefiting from an expanding enterprise clientele and strong demand for its Zephr solution. This enterprise software company is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of +33.3%. Rev ...