BILL is making big moves today. Find out why the stock is trading 12% higher:

Shares of Bill.com Holdings Inc (BILL) are trading 12% higher at a price of $167.85 at the time of this writing. While it's generally been a somewhat dispirited day for this part of the market, the company is rapidly outshining it's peers in the Information Technology sector.

The company reported strong Q4 fiscal performance and painted a fruitful forward guidance picture for investors in yesterday's earnings call. The stock is enjoying increased price targets and investor bullishness as a result.

Bill.com Holdings Inc has been trading between a 52-week high of $348.5 and a 52-week low of $89.87. The stock has a market cap of $17.5 Billion.

Bill.com is a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses. Customers use the Bill.com platform to manage end-to-end financial workflows and to process payments. The Bill.com AI-enabled, financial software platform creates connections between businesses and their suppliers and clients.