DocuSign Stock Plunges as Covid-Era Growth Shows Signs of Slowing

2 years ago 364

 DocuSign shares mislaid astir one-fourth of their worth aft the e-signature bundle institution posted quarterly net that showed signs of weakening demand, portion offering guidance for the existent 4th that fell shy ofWall Street’s estimates. The Covid-era boost successful request for DocuSign’s work appears to beryllium ebbing arsenic much workers instrumentality to offices.

“After six quarters of accelerated growth, we saw customers instrumentality to much normalized buying patterns,” CEO Dan Springer said successful a statement. 

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