DigitalOcean Holdings raises $700M in public offering, stock falls 9%.

Tuesday, Mar 24, 2026 5:30 pm ET1min read
DOCN--

DigitalOcean Holdings is set to raise $700 million through a public offering of shares, causing its stock to fall 9% to $77.31 in after-hours trading. The company's shares had more than doubled over the past year.

DigitalOcean Holdings raises $700M in public offering, stock falls 9%.

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