DocuSign shares spike on report company is exploring a sale
Publishing timestamp: 2023-12-15 16:04:18
Summary
The Wall Street Journal reported that DocuSign has tapped advisors for a potential sale. Talks are still in the preliminary stage. Following the report, shares of DocuSign rose 12%. The e-signature software company's shares have rebounded this year but not as dramatically as its tech peers. The company has a market cap of about $13 billion and has faced competition from Adobe and Dropbox.
Sentiment: NEUTRAL
Tickers: ADBE, DBX, DOCU, GOOGL,
Keywords: alphabet inc, breaking news: technology, business news, docusign inc, enterprise, dropbox inc, business, technology, adobe inc.,
Source: https://www.cnbc.com/2023/12/15/docusign-shares-spike-on-report-company-is-exploring-a-sale.html