Previous close | 29.15 |
Open | 29.67 |
Bid | 29.26 x 1300 |
Ask | 29.73 x 1300 |
Day's range | 29.36 - 29.86 |
52-week range | 18.91 - 36.39 |
Volume | |
Avg. volume | 2,599,153 |
Market cap | 5.907B |
Beta (5Y monthly) | 1.42 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.98 |
Earnings date | 07 June 2024 - 11 June 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 28.40 |
According to the Wall Street Journal, IBM (IBM) is reportedly in advanced stages of negotiations to acquire HashiCorp (HCP), a prominent cloud software provider. HashiCorp specializes in offering solutions that help companies manage their cloud infrastructure. Market Domination Co-Hosts Jared Blikre and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Shares of the cloud software company jumped 29% on the report, giving it a market capitalization of about $6 billion.
(Bloomberg) -- International Business Machines Corp. is in advanced talks to acquire software company HashiCorp Inc., according to people with knowledge of the matter.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Speeds Cheaper EV Plans, Calming Fears Over StrategyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRay Dalio’s Famous Trade Is Sputtering, Investors BailingIBM and Has