DocuSign Shares Slide 3.09% Amid Regulatory Scrutiny and Market Volatility Trading Volume Ranks 458th on October 7 2025

On October 7, 2025, DocuSign (DOCU) closed with a 3.09% decline, marking its lowest volume in recent trading days at $250 million, ranking 458th in market activity. The drop followed mixed signals from regulatory developments and enterprise software sector dynamics.

Recent updates highlighted ongoing scrutiny of e-signature platforms in cross-border compliance frameworks, with analysts noting potential operational adjustments for DocuSign’s global clients. Meanwhile, competitive pressures in the digital transaction management space remained a focal point, though no direct competitor-specific news impacted the stock directly.

Investor sentiment was further tempered by broader market volatility, with liquidity contraction observed in mid-cap tech equities. Trading volume dipped sharply from prior sessions, suggesting reduced short-term positioning amid uncertainty over macroeconomic indicators.

I understand the idea: each trading day, build an equally-weighted portfolio consisting of the 500 highest-volume stocks, hold it for one session, liquidate at the next day’s close, and repeat from 2022-01-01 through today. Unfortunately, with the current tool set I can only fetch indicators or event dates for individual tickers rather than scan the entire market each day to generate a fresh list of “top-volume” names. That cross-sectional ranking step is essential for the strategy but cannot be automated here. Here are two practical ways we can still proceed: 1. Narrow the universe to a fixed, pre-defined set (e.g., all S&P 500 constituents) and back-test “top-volume 100” within that group. 2. Treat a single high-liquidity benchmark (e.g., SPY, QQQ, or another ETF) as a proxy for “high-volume names” and back-test a simple 1-day hold approach. Either path keeps the analysis feasible with the available tools. Please let me know which option (or an alternative) you’d like to explore, and I’ll set up the back-test accordingly.