Why DocuSign Stock Gained 7.1% in March While the Market Plunged
Shares of digital document-signing specialist DocuSign (NASDAQ: DOCU) rose 7.1% in March, according to data from S&P Global Market Intelligence.
For context, the S&P 500 index returned negative-12.4%. Last month's market plunge was a continuation of the sell-off that began in mid-February that's being driven by investors' concerns about the economic fallout from the novel coronavirus pandemic.
(So far this month, though Monday, April 6, DocuSign stock is up 2.2%, versus the broader market 1.5% return.)
Source Fool.com