Why Investors Signed Out of DocuSign Stock Today

Why Investors Signed Out of DocuSign Stock Today

What happened Considering that Friday was a bad day for the stock market overall, particularly for tech titles, it probably wasn't the ideal time for a major executive transition. That was the case with DocuSign (DOCU -2.98%), which took a nearly 3% hit to its stock price that day after announcing a new leader after market hours Thursday. By contrast, the S&P 500 index shed only 1.7% of its value. So what DocuSign announced that Allan Thygesen is to become …