2021 has been a record year for initial public offerings (IPOs) worldwide as 2,388 new companies listed their shares. In the U.S., the IPO market reached an all-time high with more than 900 companies going public, raising $300 billion in 2021. DigitalOcean Holdings (NYSE:DOCN) went public in late March 2021. DOCN stock raised $775 million in its IPO at a price of $47 a share.
DigitalOcean is a cloud platform that is making cloud computing simpler for small and medium businesses. There are plenty of good, bad, and ugly key points you should know about DOCN stock…
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