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Why DocuSign Stock Shot Higher Today

Why DocuSign Stock Shot Higher Today

On yet another gloomy day for the stock market, DocuSign (NASDAQ: DOCU) was an outlier Tuesday, with its shares rising by nearly 2%. The team considers DocuSign, in addition to other niche tech businesses like Zscaler and Okta, to be a potential target. The Evercore ISI analysts believe now is a good time for the industry behemoth to go shopping.