Why DocuSign Stock Is Plummeting This Week
Shares of leading e-signature and agreement management platform DocuSign (NASDAQ: DOCU) are down 16% this week as of noon ET on Thursday, according to data provided by S&P Global Market Intelligence.
This decline stems from artificial intelligence behemoth OpenAI launching DocuGPT -- an AI solution with similar capabilities to DocuSign -- on Tuesday.
Experiencing most software stocks' worst nightmare, DocuSign saw its shares plummet this week. However, I don't believe it is necessarily a death knell for the well-established firm.
Source Fool.com
DocuSign Inc. Aktie
59,14 €
-1,25 %
DocuSign Inc. ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Für DocuSign Inc. ergibt sich mit einem Kursziel von 96 € eine mögliche Steigerung von über 50% gegenüber 59.14 €.
