DocuSign
shares were trading sharply higher in late Thursday trading after the e-signature software company posted better-than-expected results.
The company has had some difficult recent quarters, ousting former CEO Dan Springer earlier this year, then replacing him with former Google marketing exec Allan Thygesen. While demand for the company’s services soared during the pandemic when most businesses went virtual, slowing demand and salesforce churn created issues for the business in recent quarters. For the year through Thursday’s close, DocuSign stock is down more than 71%.
Source: https://www.barrons.com/articles/docusign-earnigns-stock-price-51670536807?siteid=yhoof2&yptr=yahoo