DigitalOcean (DOCN) Prices 16.5M Share IPO at $47/Sh
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St futures rise on tech buying, Middle East peace hopes
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil falls as traders digest escalation in US-Iran strikes
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- SAP stock dips after Oracle's massive AI spending plans
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
- UBS sees generational semiconductor boom, highlights stock winners
DigitalOcean Announces Pricing of Initial Public Offering
March 23, 2021 7:19 PM EDTNEW YORK--(BUSINESS WIRE)-- DigitalOcean, the cloud for developers, startups and SMBs, today announced the pricing of its initial public offering of 16,500,000 shares of common stock at a price to the public of $47.00 per share.
The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol DOCN on March 24, 2021, and the offering is expected to close on March 26, 2021, subject to customary closing conditions.
Morgan Stanley, Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead book-running managers for the proposed offering. BofA Securities, Barclays and KeyBanc Capital Markets... More
