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0.00456457181250516 0.00293378516995237 0.000324526541867998 -0.00464937271791794 -0.00946019331344863 -0.0172879691977019 -0.0204256026979734 -0.0269911497208908
Stock impact report

Why Is DigitalOcean (DOCN) Stock Rocketing Higher Today [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
Citizens increased its price target for DigitalOcean from $55, backing its Market Outperform rating. Recently, the company also showed that its Inference Cloud Platform had a big impact for its client, Character.ai, by doubling production throughput and cutting costs by half. In a leadership change, DigitalOcean appointed Vinay Kumar, an Oracle Cloud veteran, as its Chief Product and Technology Officer to guide its product plans and cloud operations. These developments pointed to the company's progress in expanding its AI cloud offerings. Is now the time to buy DigitalOcean? Access our full analysis report here, it's free DigitalOcean's shares are extremely volatile and have had 43 moves greater than 5% over the last year. But moves this big are rare even for DigitalOcean and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 4 days ago when the stock gained 6% on the news that reports of easing geopolitic Show less Read more
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