If you’ve conducted any significant transactions lately, including buying a house but not limited to that, you may have come across DocuSign Inc. (NASDAQ: DOCU).
DocuSign stock gapped down 2.84% in heavy volume on February 6 on news that acquisition talks had stalled. DocuSign issued a news release saying it would be restructuring “to support multi-year growth” as an independent public company.
The DocuSign chart gives you an easy glimpse of the stock’s trajectory since going public in 2018. It rallied to a high in August 2021, but fewer investors have been signing up to buy shares since then.
The stock is down 18.55% in the past year, and down 40.32%
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