HashiCorp, Inc. (HCP)
After hours:
| Previous close | 29.15 |
| Open | 29.67 |
| Bid | 31.35 x 300 |
| Ask | 31.43 x 500 |
| Day's range | 29.14 - 32.22 |
| 52-week range | 18.91 - 36.39 |
| Volume | |
| Avg. volume | 2,944,043 |
| Market cap | 6.268B |
| 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 |
- Yahoo Finance Video
IBM earnings top estimates, acquiring HashiCorp for $6.4B
IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was about in line with expectations of $14.25 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Investor's Business DailyIBM To Acquire HashiCorp For $6.4 Billion; Shares Fall As Company Reports Q1 Results
IBM stock slipped after the computing giant reported first quarter earnings ahead of expectations, with sales slightly below.
BloombergIBM Falls on Weak Consulting Sales, Overshadowing HashiCorp Deal
(Bloomberg) -- International Business Machines Corp. dropped about 9% in extended trading after the company’s weak consulting unit sales disappointed investors, overshadowing its acquisition of software firm HashiCorp Inc.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets
