Why DocuSign (DOCU) Shares Are Sliding Today

From Stockstory.org:

Shares of DocuSign (DOCU) dropped 8.3% after reports that private equity firms Bain Capital and Hellman & Friedman suspended plans to acquire the company due to price disagreements. The stock market has seen 10 moves greater than 5% in the last year, with today’s drop indicating significance without fundamentally changing the business perception. DocuSign is down 4% since the beginning of the year, trading 17.9% below its 52-week high. Despite the news, investors who bought shares 5 years ago would still see a modest return. Source: stockstory.org



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