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.

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Source Fool.com