DocuSign's pessimistic forecast disappointed investors.
DocuSign (DOCU 1.02%) told investors that growth will slow down in the current fiscal year. That guidance sent the stock down as much as 20% following the announcement. This video will review DocuSign's latest earnings and determine if the stock price decline is a buying opportunity.
*Stock prices used were the afternoon prices of March 12, 2023. The video was published on March 14, 2023.
Parkev Tatevosian, CFA has positions in DocuSign. The Motley Fool has positions in and recommends DocuSign. The Motley Fool recommends the following options: long January 2024 $60 calls on DocuSign. The Motley Fool has a disclosure policy.
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