Docusign Stock News

Despite the slowdown in revenue growth, absolute and relative growth in customers (including enterprise & commercial customers) has not slowed in recent quarters. The more users use DOCU services, and

DocuSign, Inc. (DOCU) UBS Global TMT Virtual Conference (Transcript)

Investors are ditching stay-at-home stocks and their unsustainable valuations.

Cathie Wood isn''t the only investor who''s been buying DocuSign.

The stock price of DocuSign Inc (NASDAQ: DOCU) increased by over 10% during intraday trading today. This is why it happened.

Last week, DocuSign reported its quarterly results and immediately the stock cratered. On Friday, the stock lost 42% on a single day.

Related Stocks: DOCU ,

The markets sentiment reversal is removing the premium in over-priced stocks. Investors could bet on stocks like Unity (U), C3.ai (AI), or nCino (NCNO) bouncing back. While Unity has strong prospects, the latter stocks are lower for a reason. They still trade at unreasonable valuations and did not post good quarterly results. After negative headlines involving Activision (ATVI) and its CEO, ATVI stock selling accelerated. The P/E is in the teens, ignoring the cash flow strength from its hit titles like Call of Duty. Still, the company said on Nov. 2 that it would delay the Overwatch 2 and Diablo IV launch. ViacomCBS (VIAC) peaked at $100, due exclusively to Ex-Tiger Asia manager Bill Hwang betting big on the stock. He eventually dumped the stock after a margin call. The entertainment firm is building its streaming channel and trades in the single-digit P/E range. DocuSign (DOCU) lost 42% of its value on Dec. 3 after posting earnings of just 58 cents a share on revenue of $545.5million.

DekaBank Deutsche Girozentrale lifted its holdings in shares of DocuSign, Inc. (NASDAQ:DOCU) by 7.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 440,298 shares of the companys stock after buying an additional 29,130 shares during the quarter. DekaBank Deutsche []

Uddrag fra ABGs analyse af Penneo: DocuSign down 42% on COVID slowdown as billings and Q4 guidance fail to meet expectations Different geos ABG analyse: Penneo Worrying outlook from key peer DocuSign Læs mere »

Cathie Wood isn't the only investor who's been buying DocuSign.

DocuSign Inc (NASDAQ: DOCU) is trading higher Wednesday as the stock continues to rebound after falling last week following earnings. DocuSign president and CEO Dan Springer, late Tuesday, disclosed