DocuSign (NASDAQ:DOCU) got a significant boost from the COVID-19 pandemic, which drove customer demand for its products and offerings at an unprecedented pace. However, the economic reopening led to a slowdown in demand, and in turn, weighed on its financials and stock price.  DocuSign stock has fallen more than 61% in the past six months. Meanwhile, it has lost nearly 25% of its value this year alone. This drop in DocuSign’s stock price reflects a moderation in growth. DocuSign’s top-line growth slowed from 58% in Q1 to 42% in Q3. Besides revenues, DocuSign’s billings growth has also slowed. It has decelerated from 51% in Q1 to 28% in Q3.
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DocuSign (NASDAQ:DOCU)
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