RTTNews | Sep 24, 2021 10:05AM EDT

10:04 Friday, September 24, 2021 (RTTNews.com) - New York-based tech company, DigitalOcean Holdings, Inc. (DOCN), is down 8% in the morning trade on Friday. There have been no company-specific news reported today that could drive down the stock

The company provides software-as-service solutions to developers, start-ups, and other clients on a worldwide scale. The shares of the company reached their all-time high on Thursday after the company acquired serverless computing company Nimbella earlier this month. The shares were trading at $87.67, almost 106% higher than the price in April when the company got listed.

Currently, the shares of the company are trading at $79.750, down $7.92 or 9.04% than the previous close at $87.67. The shares opened at $87.95 in the morning. In the 52-week period, the shares have ranged between $35.35 and $88.48 per share.

Read the original article on RTTNews ( https://www.rttnews.com/3228142/digital-ocean-loses-7-after-all-time-peak.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved