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DocuSign Earnings Disappoint; Coinbase Falls on Bitcoin
Bloomberg Tech·
DocuSign shares declined following its earnings report, as investors reacted to unchanged annual recurring revenue despite a rise in first-quarter profit, potentially signaling a slowdown in growth. Lululemon also saw its stock drop after lowering its annual forecast due to weaker performance in North America. Meanwhile, Coinbase experienced a downturn as Bitcoin's price fell below $62,000, dragging Ether down as well. These movements reflect investor concerns about corporate growth and the volatility of the cryptocurrency market.
Tags
earnings
crypto
stocks
Original Source
Bloomberg Tech — bloomberg.com