Why DigitalOcean Stock Is Catching a Big Bullish Wave Today
DOCNDigitalOcean(DOCN) The Motley Fool·2024-08-10 02:50

The cloud computing service provider just proved how marketable its small-business offerings are even in a wobbly economic environment. Shares of DigitalOcean Holdings (DOCN 12.30%) are up 14.2% as of 2:40 p.m. ET today, according to numbers from S&P Global Market Intelligence. The surge follows Thursday's post-close release of the company's second-quarter results. Not only did the small technology outfit top estimates, but it also reminded investors of just how resilient its business is. The DigitalOcean w ...