DigitalOcean Holdings, Inc. (DOCN): Price and Financial Metrics Recent IPO
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DOCN Price/Volume Stats
|Current price||$82.21||52-week high||$87.99|
|Prev. close||$86.60||52-week low||$35.35|
|Day high||$87.99||Avg. volume||1,168,950|
|50-day MA||$59.04||Dividend yield||N/A|
|200-day MA||$0.00||Market Cap||8.82B|
DigitalOcean Holdings, Inc. (DOCN) Company Bio
DigitalOcean Holdings, Inc. operates a cloud computing platform that offers infrastructure and platform tools for developers, start-ups, and small and medium-sized businesses in North America, Europe, Asia, and internationally. It offers infrastructure solutions across compute, storage, and networking fields, as well as managed application, container, and database offerings to developers. The company's users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. The company was incorporated in 2012 and is headquartered in New York, New York.
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Below are the latest news stories about DigitalOcean Holdings Inc that investors may wish to consider to help them evaluate DOCN as an investment opportunity.
These companies are benefiting from solid secular tailwinds, and their shares are still trading for cheap.
What capital allocation strategies should Berkshire-Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and Chipotle (NYSE: CMG) be considering? In this episode of Motley Fool Money, Motley Fool senior analysts Andy Cross and Jason Moser answer those questions, make business predictions about acquisitions and CEO changes, and share two stocks on their radar: Digital Ocean (NYSE: DOCN) and PayPal (NASDAQ: PYPL). Plus, as the trial of Elizabeth Holmes begins, we revisit our conversation with Alex Gibney about the rise and fall of Theranos and his documentary, The Inventor: Out for Blood in Silicon Valley.
The acquisition of Nimbella will bring an even simpler way to create a cloud application to DigitalOcean's platform.
Cloud computing platform DigitalOcean Holdings Inc (NYSE: DOCN) acquired serverless platform provider Nimbella for undisclosed financial terms. The acquisition expands DigitalOcean's capabilities into the function-as-a-service (FaaS) market. It also adds serverless compute offering to complement the company's existing Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) offerings, which target developers in small and medium-sized businesses (SMBs). DigitalOcean plans to fully inte
NEW YORK, September 07, 2021--DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced the acquisition of Nimbella, a serverless platform provider. The acquisition expands DigitalOcean’s capabilities into the rapidly growing function-as-a-service (FaaS) market and will add an additional serverless compute offering to complement the company’s existing Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) offerings, which target developers
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