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Two years on from the start of the pandemic and as the first quarter of 2022 comes to a close, DocuSign finds itself with not just revenue growth but a market capitalisation that has reverted back to pre-pandemic levels. In today’s company update I’ll examine DocuSign’s latest full-year results, and provide a justification for a 7investing hold recommendation (lowered from buy) at the current valuation of $21 billion.
