Will the Markets Sign Off on a Comeback in DocuSign Stock?
DocuSign(DOCU) fool.com·2024-05-18 23:17
Down 80%, can DocuSign return to all-time highs?DocuSign (DOCU 0.53%) was a darling during the pandemic. It was well-positioned to facilitate online document administration when people could not meet in person.As life returned to normal, growth slowed and the stock fell hard. It lost 80% of its value and remains in a bear market more than a year after the bear market ended in other tech stocks.Nonetheless, DocuSign's growth has not stopped completely, and it hopes to build a competitive advantage by focusin ...