Down 84%, Is Docusign a Buy on the Dip?

Shares of Docusign (NASDAQ: DOCU) are down about 17% from their recent peak in May 2024 and about 84% from their all-time high in late 2021. You wouldn't know it by looking at the company's stock chart, but sales have been rising since the stock price's bottom fell out.Could Docusign be a smart stock to buy at these beaten-down prices? To find out, it's important to compare the reasons it could outperform over the long run vs. some of its challenges.Docusign's market capitalization peaked above $61 billion in 2021. This was way too high for a company that had less than $2 billion in annual sales at the time.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Zum vollständigen Artikel