Why DocuSign Stock Is Higher Today

DocuSign (DOCU 1.58%) reported better-than-expected results late last week that went a long way toward convincing investors that the business is on firmer ground. Wall Street is chiming in with its own encouraging words on Monday, helping to push the shares up 3% as of 1 p.m. ET.Stabilizing growth and improving profitabilityDocuSign's e-signatures had their moment during their pandemic, and the stock soared higher as a result. But those growth rates weren't sustainable, and the shares today are 80% below th ...