Previous close | 40.68 |
Open | 41.21 |
Bid | 41.80 x 800 |
Ask | 42.55 x 900 |
Day's range | 39.73 - 42.70 |
52-week range | 30.05 - 133.40 |
Volume | |
Avg. volume | 2,365,439 |
Market cap | 4.533B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.28 |
Earnings date | 04 Nov 2021 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 58.60 |
NEW YORK, May 24, 2022--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced that its board of directors has approved a new plan for the repurchase of up to an aggregate of $300 million of its common stock. This plan is in addition to the $300 million program that was announced in February 2022 and completed in May 2022.
NEW YORK, May 24, 2022--DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced the launch of its new serverless solution, DigitalOcean Functions. DigitalOcean Functions will enable fast, scalable and cost-effective compute solutions that will allow small businesses and startups to build quickly, scale automatically, and save costs by eliminating the need to maintain and provision their own servers.
Cloud computing services provider Digital Ocean (NYSE: DOCN) was a big winner in the stock market sweepstakes Thursday. Although that looks high at first glance, it's worth noting that many of the company's offerings are relatively inexpensive (a basic virtual server, for example, is priced at $5 per month). Thursday morning, Oppenheimer analyst Timothy Horan weighed in positively about the move, reiterating his outperform (read: buy) recommendation on the shares and his $80 per-share price target.