Diamonds and Dogs
Gold looks good today. Gold Fields (GFI) is up 8% today as one the few stocks and sectors trading higher today. Gold Field is looking to acquire rival Yamana Gold for $6.7 billion to become the fourth largest gold company in the world.
DocuSign (DOCU) growth story is over. The electronic signature solutions company stock is down 24% after cutting its fiscal-year guidance following disappointing results. The analyst at Wedbush said he believes the company's core growth story is essentially over "with the clock striking midnight following a billings guidance drop of ~$200 million pointing to an uncertain future for the remainder of FY23.
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