Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

Briefing
markets

Shares of Docusign Fall Over 40% After Reporting Slowed Growth

By
Aidan Ryan
· · Source: The Information

Shares of the electronic signature business Docusign plunged more than 40% after the San Francisco-based company signaled that customer demand for its products was slowing sharply from the pandemic highs it had enjoyed. The stock finished the day at $135, down from a closing share price of $234 yesterday. The sell-off came even as Docusign reported 42% growth in revenue in the third quarter....

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