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Motley Fool
Why DocuSign Stock Popped Again Today
Five days ago, shares of e-signature company DocuSign (NASDAQ: DOCU) got shredded after an earnings report showed that its business, which was proceeding just fine in Q3, is about to take a turn for the worse in Q4. Two days ago, famed tech investor Cathie Wood stepped up to snap up DocuSign shares amid the sell-off, helping to salvage the stock. Today, DocuSign stock is recovering even further — up 5.5% as of 10:20 a.m. ET — on news that Cathie Wood isn’t the only investor who believes DocuSign is a bargain.
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