A Month After the Crash, It's Time to Reevaluate DocuSign
Stocks that were made by COVID-19 will fade with the virus. That seems to be the prevailing explanation for why DocuSign (NASDAQ: DOCU) stock ascended quickly in 2020 but declined sharply in 2021.
The market can be fickle, but DocuSign must carry on its business irrespective of investor sentiment. Regaining stakeholders' confidence won't be easy, as the work-from-home trade already felt "so last year" last year.
Although a closer look at the financials will actually suggest that DocuSign might be on the path to profitability. Besides, a broader expansion into what the company calls the "future of agreements" indicates a much-needed diversification of DocuSign's revenue sources.
Source Fool.com
