DOCU Stock Alert: Is DocuSign Getting Ready for a Buyout?
DOCUDocuSign(DOCU) InvestorPlace·2024-01-13 02:41

Shares of e-signature specialist DocuSign (NASDAQ:DOCU) continues to move higher on buyout rumors on Friday. A Reuters report yesterday revealed two major investment firms are seeking to take DocuSign private. While DOCU stock was a massive winner during the worst of the Covid-19 crisis, its performance softened in recent years. Therefore, the move could be a win-win. Per Reuters, Bain Capital and Hellman & Friedman are competing to acquire DocuSign, which at the time of the report featured a market value o ...