DigitalOcean shares drop 14% as Morgan Stanley cuts rating to underweight

Jul. 11, 2022 10:15 AM ETDigitalOcean Holdings, Inc. (DOCN)By: Rex Crum, SA News Editor1 Comment

Cloud computing technology and online data storage for business network concept.

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DigitalOcean (NYSE:DOCN) shares plunged by more than 14% Monday as Morgan Stanley analyst Josh Baer cut his rating on the cloud-computing platform company to underweight due to what is seen as

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