Down 60%, Is It Time to Buy DigitalOcean Stock?

·4 min read
Down 60%, Is It Time to Buy DigitalOcean Stock?

Cloud computing provider DigitalOcean (NYSE: DOCN) went public last March and quickly became a market darling. With shares of DigitalOcean so beaten down, is now a good time to buy the stock? It may seem the cloud computing market has already been won by Amazon Web Services (AWS), Microsoft Azure, and Alphabet's Google Cloud.

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