DocuSign shares fall 40%, CEO said he is buying $5 million worth of more stock

DocuSign (DOCU) CEO Dan Springer is owning up to some execution mistakes in the third quarter that did their part to send shares down more than 40% on Friday as traders digested the company’s latest earnings report. 

But, Springer told Yahoo Finance Live he will buy shares next week as the one-day plunge doesn’t make sense given DocuSign’s leadership position and growth potential. 

“I am surprised, I’ll be straightforward with you. I do not see the reaction in the stock price to be…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *