Why DigitalOcean Holdings Stock Jumped Today
Shares of DigitalOcean Holdings (NYSE: DOCN), a cloud computing platform company, spiked today after the company received a bullish report from Citron Research.
The tech stock gained as much as 13.8% and was up by 12.8% as of 3:31 p.m. EDT.
Citron's report makes some comparisons between DigitalOcean and Shopify and Square, saying the cloud computing company has similar opportunities with small and medium-sized businesses (SMBs) that the other two companies have had.
Source Fool.com
