The Traderszone Network

Published in TZ Latest News 3 December, 2021 by The TZ Newswire Staff

As DocuSign Falls 40%, Reports of the Death of Digital Documents Are Greatly Exaggerated

In what will likely go down as one of Wall Street’s biggest tantrums of the year, the single-day 40% implosion in shares of DocuSign Friday suggests something cataclysmic had happened — as if the era of digital documentation had somehow suddenly been disrupted or become obsolete.

How else could one characterize the instantaneous evaporation of roughly $20 billion in market value from a profitable, growing 20-year old business that dominates its category?

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