HomeInvestingEarningsDocuSign (DOCU) Is Down About 41% This Month
DocuSign (DOCU) Is Down About 41% This Month

DocuSign (DOCU) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss DOCU, as its stock lost one-third of its value in one day. They talk about the positives regarding DOCU, such as it beat its earnings by 26%. However, they then go over how Piper Sandler downgraded DOCU to neutral from overweight and dropped its price target to $200 from $330, and JPMorgan downgraded to underweight from neutral. They then demonstrate an example trade using DOCU. Tune in to find out more.

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