DocuSign: Why I See No Reason To Be Bullish Now
DOCUDocuSign(DOCU) Seeking Alpha·2024-06-10 19:11
Bevan Goldswain/E+ via Getty Images Investment Thesis DocuSign (NASDAQ:DOCU)'s stock dipped by more than 3% despite a better-than-expected 1Q FY2025 earnings report. A slightly negative reaction without triggering a significant selloff might indicate a muted result that disappoints investors. In my previous coverage, I issued a hold rating and discussed a potential value trap for the stock due to a growth slowdown to low teen digits. After a year, the stock has been trading on the sidelines and is curre ...