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DOCN stock drops as company announces $800 mn stock sale
short by / on Wednesday, 25 March, 2026
DigitalOcean Holdings Inc. (DOCN) stock fell over 7% after the company announced an upsized $800 million public offering. The cloud computing firm is offering 10.4 million shares at $77, a discount of more than 9% from the previous close. Despite the drop, retail sentiment on Stocktwits remained bullish.
read more at Stocktwits