Why Shares of DocuSign Slumped This Week

Shares of DocuSign (DOCU 0.12%) dipped more than 10% this week, according to data from S&P Global Market Intelligence. The e-signature leader didn't report earnings, but it did announce more layoffs, and its buyout talks from private equity got stalled. Investors soured on this news, sending the stock way below its reported take-out price.More layoffs, no buyout (yet)DocuSign was one of the pandemic leaders that have recently fallen on hard times. With fewer companies adopting e-signature technology, the co ...