Why DocuSign Rose 10.1% in April

Why DocuSign Rose 10.1% in April

Shares of DocuSign (NASDAQ: DOCU) rose 10.1% in April, according to data provided by S&P Global Market Intelligence. The electronic signature company's shares are up just 0.2% year to date but are still nearly 16% off their all-time high reached in February. DocuSign has been steadily growing its customer base over time, with total customers growing tenfold from 54,000 in fiscal year 2013 to 589,000 in fiscal year 2020.