Why DocuSign Stock Popped Today
Second verse, same as the first.
Shareholders of DocuSign (NASDAQ: DOCU) will recall how last month, multiple purchases of stock by their company's CEO had a beneficial effect on the stock's price, helping the e-signature company to rebound from an early December sell-off to close the year north of $152 a share.
DocuSign ended up not being able to hold on to those gains, falling victim to the same post-New Year's sell-off that torpedoed the rest of the Nasdaq. But with DocuSign stock now back in bargain territory, the CEO is buying again!
Source Fool.com