Electronic signature (e-sign) provider DocuSign, Inc. (DOCU) became highly popular during the pandemic as it allowed consumers and corporate workers to sign documents electronically.
Tech stocks suffered last year due to the Fed’s aggressive interest rate hikes. DOCU’s shares took a beating, declining 51.8% over the past year. However, the stock has gained 9.4% over the past month and 25.6% over the past three months to close the last trading session at $60.64.
