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
38,98 €
-11,53 %
DocuSign Inc. sticht etwas positiv hervor mit 9 Buy- und 3 Sell-Einschätzungen.
Für DocuSign Inc. sieht die Community ein Kursziel von 97 €, was mehr als das Doppelte des aktuellen Kurses von 38.98 € ausmacht.
