Published on 1 Apr 2024 on Zacks via Yahoo Finance
DigitalOcean Holdings, Inc. (DOCN) Stock Moves -0.03%: What You Should Know
DigitalOcean Holdings, Inc. (DOCN) closed at $38.17 in the latest trading session, marking a -0.03% move from the prior day. This change was narrower than the S&P 500's daily loss of 0.2%. At the same time, the Dow lost 0.6%, and the tech-heavy Nasdaq gained 0.11%.
The company's shares have seen a decrease of 0.57% over the last month, not keeping up with the Computer and Technology sector's gain of 2.99% and the S&P 500's gain of 3.32%.
Analysts and investors alike will be keeping a close eye on the performance of DigitalOcean Holdings, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.38, signifying a 35.71% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $182.7 million, up 10.64% from the year-ago period.