DigitalOcean Slumps After Announcing $800M Share Offering

Wednesday, Mar 25, 2026 9:21 am ET1min read
DOCN--

DigitalOcean, a cloud infrastructure provider, has launched an $800M share offering to fund its expansion. The company's shares fell 6.5% in early trading on Wednesday. The offering includes 10.39M shares for total gross proceeds of about $800M.

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