hapabapa DocuSign (NASDAQ:DOCU) shares rose nearly 3% on Wednesday as investment firm Wedbush Securities upgraded the electronic-signature technology company, noting the negative catalysts have “played out” and downside from here is limited. Analyst Dan Ives moved his rating on DocuSign (DOCU) shares to neutral from underperform, noting that high-growth stocks have been hit hard in … Read more
FedEx (FDX): The delivery company announced cost-cutting measures and rate hikes after warning in preliminary fiscal first-quarter results of weakening demand. FedEx released its fiscal first-quarter results in an 8-K before the close of trading Thursday, sending shares up 0.8%. The company outlined plans to save up to $2.7 billion in fiscal 2023 and up … Read more
Text size DocuSign offers electronic signature services. Courtesy DocuSign Shares of DocuSign were rising Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fiscal-year billings. DocuSign (ticker: DOCU) earned an adjusted 44 cents a share in its fiscal second quarter, beating Wall Street estimates of … Read more
RH (RH): RH shares rose 1% after hours after the retailer beat on both the top and bottom lines for the second quarter but cut its full year revenue forecast. Sales for the quarter totaled $991.6 million, up 0.3% from a year ago, on adjusted earnings of $8.08 per share. CEO Gary Friedman attributed the … Read more
DocuSign (DOCU) reported July-quarter earnings and revenue that topped estimates amid lowered expectations. The company’s outlook came in mixed, but DOCU stock surged on the news. X The San Francisco-based software maker said DocuSign earnings for its fiscal second quarter came in at 44 cents a share, down 6% from a year earlier, but ahead … Read more