What public company CFOs can learn from private equity leaders right now, according to McKinsey [Fortune]
DigitalOcean Holdings, Inc. (DOCN)
Company Research
Source: Fortune
Good morning,In times of economic difficulties, rising interest rates, and market challenges, public company CFOs need to take a proactive approach to value creation, and they should take a nod from private equity portfolio company CFOs who “don’t play wait and see,” according toMcKinseyAnkur Agrawal, a partner at McKinsey, is a co-author of a new report highlighting what private equity (PE) portfolio company CFOs can teach public company finance chiefs. However, PE firms have a reputation for slashing and burning, cost-cutting, and layoffs, and not necessarily a focus on long-term investments. So I asked him about that.“Despite the terrible personal and emotional impact on employees, we are seeing an increasing number of both private and public companies reducing costs and conducting layoffs to prepare for slower growth or to better align their cost structures,” Agrawal says.What McKinsey’s research highlights is that from the moment a PE fund acquires a company, they’re on the clock
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