Digital Coin News

HashiCorp Shares Surge on Reports of Potential Sale

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Business News

Hashicorp,Software Developer,Sale

Shares of software developer HashiCorp jumped 12% in extended trading after reports of a potential sale. The company has engaged an outside firm to explore interest from buyers. HashiCorp debuted on the Nasdaq in 2021 but has seen its stock drop 14% last year. Its market cap is around $5 billion. CEO David McJannet acknowledged that the company is behind its growth targets.

Shares of software developer HashiCorp jumped 12% in extended trading after reports of a potential sale. The company has engaged an outside firm to explore interest from buyers. HashiCorp debuted on the Nasdaq in 2021 but has seen its stock drop 14% last year.

Its market cap is around $5 billion. CEO David McJannet acknowledged that the company is behind its growth targets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oracle shares surge 12% and head for record closeOracle stock spiked more than 12% during intraday trading on Tuesday and is on pace for a record close.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

JPMorgan Upgrades Coinbase Shares as Crypto Prices SurgeJPMorgan upgraded the shares of crypto exchange Coinbase (COIN) to neutral to reflect the recent surge in cryptocurrency prices. The approval of spot bitcoin ETFs has contributed to better spot bitcoin flows and higher prices.
Source: CoinDesk - 🏆 291. / 63 Read more »