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Why DocuSign Stock Jumped 32% Last Month

TheMotleyFool

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Why DocuSign Stock Jumped 32% Last Month

Shares of DocuSign (NASDAQ: DOCU) surged in September after the eSignature leader posted a better-than-expected second-quarter earnings report with a jump in revenue and also raised its full-year guidance. According to data from S&P Global Market Intelligence, the stock finished the month up 32%.

As the chart below shows, nearly all the gains came after the company reported earnings on September 5.