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DigitalOcean Holdings (DOCN) Plummets 7.39%, Market Cap Shrinks by Approximately $9.37 Billion

By ATTN Desk · Editorial oversight: Sean Han

DigitalOcean Holdings (NYS: DOCN) stock closed at $130.44, down 7.39% from the previous trading day.[1] As a result, its market capitalization decreased to approximately $13.613 billion, wiping out about $937 million in one day.[1]

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In this session, trading volume for DigitalOcean Holdings was 1,311,134 shares.[1] No specific catalyst for the price plunge has been identified in regulatory filings or separate announcements.[1]

ItemValue
TickerDOCN
ExchangeNYS
Closing Price$130.4386
Change-7.39%
Market Cap$13,613,094,050
Market Cap Change-$936,779,635.25
Volume1,311,134 shares

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DigitalOcean Holdings (DOCN) Plummets 7.39%, Market Cap Shrinks by Approximately $9.37 Billion