Home Business DocuSign Stock Tumbles as Outlook Again Falls Short

DocuSign Stock Tumbles as Outlook Again Falls Short

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DocuSign shares are falling hard after the digital signature software company provided disappointing guidance for the April quarter. It’s the second quarter in a row that the outlook has fallen short of Street estimates and spurred a selloff.

DocuSign stock (ticker: DOCU) were down nearly 16% at $ 79.25 late on Thursday afternoon. The stock is now off about 75% since peaking above $ 300 last summer.

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