Strength Seen in Zuora (ZUO): Can Its 6.1% Jump Turn into More Strength?
Zuora (ZUO) shares ended the last trading session 6.1% higher at $9.38. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.4% loss over the past four weeks.Zuora continues to benefit from an expanding clientele.In the fiscal third quarter, the number of customers with an annual contract value (ACV) equal to or greater than $250K was 453, up from the 420 reported in the year-ago quarter. Seven of the deals that close ...