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Why RingCentral Stock Rocketed Higher This Week

TheMotleyFool

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Why RingCentral Stock Rocketed Higher This Week: https://g.foolcdn.com/editorial/images/880617/investor-gettyimages-1094918638.jpg

Shares of RingCentral (NYSE: RNG) surged this past week after the cloud communications software provider announced strong gains in free cash flow and boosted its dividend.

Image source: Getty Images.

RingCentral's revenue rose 5.9% year over year to $657 million in the second quarter.

Source Fool.com