Why DocuSign Shares Are Falling

Shares of companies in the broader technology sector, including Docusign Inc DOCU, are trading lower amid overall market weakness following the collapse of Russia-Ukraine ceasefire talks. 

DocuSign shares may also be trading lower ahead of the company’s fourth-quarter earnings results, confirmed for Thursday’s after-hours session. According to analyst consensus estimates, DocuSign is expected to report EPS of 47 cents on revenue of $561.47 million.

DocuSign is trading lower by 5.3% at $92.88.

See Also: Morgan Stanley Now Owns More Shares In World's Largest Bitcoin Fund Than Cathie Wood's Ark

DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device.

DocuSign has a 52-week high of $314.76 and a 52-week low of $90.90.