Previous Close | 59.25 |
Open | 57.87 |
Bid | 58.00 x 1400 |
Ask | 58.27 x 1100 |
Day's Range | 58.12 - 58.99 |
52 Week Range | 39.57 - 131.91 |
Volume | |
Avg. Volume | 5,765,157 |
Market Cap | 11.861B |
Beta (5Y Monthly) | 0.99 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.45 |
Earnings Date | Mar 08, 2023 - Mar 13, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 62.91 |
Long-term investors in DocuSign (NASDAQ: DOCU) are in a world of pain. Companies like Zoom Video Communications, Teladoc Health, and Peloton Interactive were founded years before anyone had heard of COVID-19, and their business models do not rely on millions of people remaining housebound week after week. DocuSign's fundamentals reveal a thriving company.
The Nasdaq Composite index, which has a bigger than average share of tech stocks in it, plunged 33% for the year as inflation and interest rates climbed. A look back at the Nasdaq Composite's 51-year history shows that back-to-back losing years are incredibly rare. The broader tech sell-off was brutal for the following five stocks, but if history repeats for the Nasdaq, these five tech stocks could have a great 2023 too.
Yahoo Finance's Brad Smith breaks down how markets are trading, plus how Microsoft earnings are weighing on software stocks.