Published on 24 Apr 2024 on Zacks via Yahoo Finance
HashiCorp (HCP) Surges 21.4%: Is This an Indication of Further Gains?
HashiCorp, Inc. HCP shares rallied 21.4% in the last trading session to close at $29.15. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.8% loss over the past four weeks.
The upswing in shares can be attributed to rumors that IBM might bid for HashiCorp.