Why Coupa Software Stock Climbed 10.2% in January [The Motley Fool]
Coupa Software Incorporated (COUP)
Last coupa software incorporated earnings: 3/16 04:05 pm
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Source: The Motley Fool
Why Coupa Software Stock Climbed 10.2% in January Investors seem to like Coupa's latest acquisition. Shares of Coupa Software ( NASDAQ:COUP ) rose 10.2% in January, according to data from S&P Global Market Intelligence . The stock gained ground following news that the company had acquired Yapta, a business specializing in software that helps companies reduce their spending on travel and accommodations. COUP data by YCharts Coupa published a press release on Jan. 7 announcing that it had purchased Yapta, and investors appear to have responded favorably to the new competencies the travel-spending specialist brings to the table. Coupa stock has been on an impressive run spurred by strong demand for its business-spend-management software and expectations that there's still plenty of room to grow. Shares are up roughly 85% over the last year. Coupa specializes in software for tracking, visualizing, and managing business spending, and the integration of Yapta adds a new competency tha
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