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Why DocuSign Stock Popped Again Today


Five days ago, shares of e-signature company DocuSign (NASDAQ: DOCU) got shredded after an earnings report showed that its business, which was proceeding just fine in Q3, is about to take a turn for the worse in Q4.

Two days ago, famed tech investor Cathie Wood stepped up to snap up DocuSign shares amid the sell-off, helping to salvage the stock.

And today? Today, DocuSign stock is recovering even further -- up 5.5% as of 10:20 a.m. ET -- on news that Cathie Wood isn't the only investor who believes DocuSign is a bargain.

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Source Fool.com

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