Diamonds and Dogs

9/3/21

Docusign (DOCU) higher following earnings. The cloud-based software firm beat estimates as sales rose 49% to $511.84 million. Docusign also raised guidance as the CEO believes there are a lot of great years of growth ahead. DocuSign also received an upgrade from Bank of America Securities with a $360 price target.

Beyond Meat (BYND) trading lower. The plant-based meat alternative stock is down 3% to a three month low as their COO who came in just two years ago is leaving the firm. Plant based foods are poised for explosive growth, but at least Beyond Meat's stock is heading in the wrong direction.

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