Why Docusign Stock Stumbled Last Month

An uninspiring quarterly earnings report and a clutch of analyst price target cuts put Docusign (NASDAQ: DOCU) stock in the market's doghouse in June. The first month of summer surely wasn't the warmest for the company, as its shares lost over 12% of their value during the period.Before the first trading week of the month was over, Docusign had unveiled its first quarter of fiscal 2026 figures. At first glance, they looked good -- revenue cranked 8% higher year over year (to almost $764 million), which was an encouraging result given the company's well-established position in its niche. That was on the back of a 4% climb in billings to just under $740 million.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool