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33.51
3.30%
+1.07
After Hours:
34.0841
0.5741
+1.71%
Why is DigitalOcean Holdings Inc (DOCN) Stock down?
We've noticed a 5.09% decline in DigitalOcean Holdings Inc (DOCN) stock during the 2024-03-05 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
25 Aug, 2023:
DigitalOcean Holdings, Inc. (DOCN) shares fell 8.41% to $28.86 as the company initiated CEO search process. Yancey Spruill will continue to serve as CEO until a successor has been appointed.
https://www.fool.com/investing/2023/08/25/heres-why-digitalocean-stock-had-an-unexpected-dro/
04 Aug, 2023:
Digitalocean Holdings' shares fell 24.79% due to disappointing second-quarter sales results, compounded by the discrepancy between the estimated revenue of $169.820M and the actual revenue of $169.814M. The weak sales outlook was reinforced by a reduced full-year revenue guidance of $680M to $685M, down from the earlier range of $700M to $720M.
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