DocuSign Stock Falls Despite Strong Earnings, Sales
JPMorgan Chase and Wedbush See More Upside in DocuSign
DocuSign (NASDAQ:DOCU) has surged about 187% year-to-date to $212.42 as of July 9. However, some analysts expect more upside in the stock.
DocuSign to Replace United Airlines on the NASDAQ-100
On Monday, DocuSign (NASDAQ:DOCU) stock rose 8.0% and closed at $162.69. The company will replace United Airlines on the Nasdaq-100 Index on June 22.
DocuSign Posts Upbeat Q1 Results, Strong Outlook
DocuSign (NASDAQ:DOCU) reported impressive results for the first quarter of fiscal 2021, which ended on April 30. The company benefited from new customers.
What to Expect from DocuSign’s Q1 Results
So far, DocuSign (NASDAQ:DOCU) stock has surged 99% in 2020. The S&P 500 and the Dow Jones have fallen 4.6% and 9.8%, respectively.
Cloudera and DocuSign Soar, Zoom Video Falls after Earnings
Cloudera announced its earnings for the third quarter of fiscal 2020 on Thursday after the market close. The company reported revenues of $198.3 million.
Why Is DocuSign Stock Soaring Today?
On September 5, electronic signature solution company DocuSign reported its fiscal 2020 second-quarter results for the period that ended on July 31.