DocuSign (DOCU): Unable To Grow Significantly Post-Covid?

DocuSign (DOCU) stock price is down over 63% year-to-date and valuations have come down. “Consumers are using DocuSign mainly for their e-signature product due to its convenience and efficiency. After the last DocuSign (DOCU) earnings report, there was a negative reaction and the stock price fell. Social media mentions of conducting work remotely have dropped since they peaked in Spring 2020. This could be a short-term tailwind for DocuSign. However, there is buzz around this technology stock as the public wants more businesses to use DocuSign (DOCU). Consumer mentions of utilizing their phone to update, access, and edit documents are up from 2013,” says Megan Brantley. Next, Kevin Hincks and Tom White discuss example option trades on DOCU.