🔴 DOCU is trading 7% down today after beat-and-raise quarter sparks valuation concerns
DOCU
- Trading at $66.14 (-6.98%)
- Shares falling after Q3 earnings release that beat revenue and EPS expectations but slowed growth.
- Multiple analysts maintained neutral ratings while cutting price targets, signaling caution on upside potential.
- Market reacting to concerns about slowing revenue trajectory and competitive pressures despite raised full-year outlook.