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Why DocuSign Stock Popped This Morning

Why DocuSign Stock Popped This Morning

Shares of e-signature company DocuSign (NASDAQ: DOCU) popped on Wednesday after the company announced a plan to restructure its business. As of 10:30 a.m. ET, DocuSign stock was up almost 5%. According to a filing with the Securities and Exchange Commission (SEC) this morning, DocuSign is restructuring its business by laying off about 9% of its workers.