DigitalOcean: Now We're Talking [Seeking Alpha]
DigitalOcean Holdings, Inc. (DOCN)
Company Research
Source: Seeking Alpha
TU ISIn mylast articleNYSE:DOCNmedium sized businesses (SMBs). At the same time however, the stock valuation implied too much growth for my taste: something that could very well materialize, but that left too much room for stock depreciation in case of execution bumps or a further souring of the market sentiment.It was worth for me to review again DOCN's position following the latest earnings report; there was a lot to like in my opinion, however the stock sold off about 10% in the following couple of days, ultimately sitting down about 27% from my latest hold recommendation. That was when I decided to pull the trigger for a small position given that the valuation was much more palatable than when I last wrote about the stock. The bull thesis seems intact, the company is increasing its moat and the total addressable market is constantly expanding. There are some near term uncertainties due to the market slow down, but the excellent execution cannot be ignored.Fantastic results for 3Q
Show less
Read more
Impact Snapshot
Event Time:
DOCN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DOCN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DOCN alerts
High impacting DigitalOcean Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
DOCN
News
- What the History of Linux Says About the Long Road to Decentralized Storage Adoption [Yahoo! Finance]Yahoo! Finance
- 1 Small-Cap Growth Stock That Could Soar, According to Wall Street [Yahoo! Finance]Yahoo! Finance
- Q4 Earnings Roundup: DigitalOcean (NYSE:DOCN) And The Rest Of The Data Storage Segment [Yahoo! Finance]Yahoo! Finance
- Should Investors Buy the Artificial Intelligence & Technology ETF Instead of Individual AI Stocks? [Yahoo! Finance]Yahoo! Finance
- DigitalOcean Announces Date of First Quarter 2024 Earnings Conference CallBusiness Wire
DOCN
Earnings
- 2/21/24 - Beat
DOCN
Sec Filings
- 4/23/24 - Form 144
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- DOCN's page on the SEC website