$DigitalOcean Holdings, Inc.(DOCN)$ Has been a underrated stocks for the past few months. Firstly, it has reported a error in its earning and secondly the CEO is about to resign and waiting to elect a new CEO. This has resulted in a significant drop in its share price.
This two bad news has lost the interest of many investors. However, this should be a signal that digital ocean is a sign to buy.
Digital ocean is a growing fish in the ocean. With the droplets / cloud servers growing in size and the recent acquisition of paperspace which is a AI company, it is bound for growth.
Next, the earning for Q3 looks good, thus the stock rallies.
The Nasdaq has significantly increase as well$Nasdaq100 Bull 3X ETF(TQQQ)$
@MillionaireTiger [Miser] [Miser] [Miser]
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Needed this badly. Cannot believe they did those numbers with that client base in this environment. Thank you stock gods
wow imagine how much more this would have went up if we had a CFO???