Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / hashicorp ibm s big deal cash in now


IBM - HashiCorp: IBM's Big Deal? Cash In Now

2024-04-25 08:40:00 ET

Summary

  • IBM acquires HashiCorp, Inc. for $35 per share in cash, presenting an opportunity for investors to cash out and lock in gains.
  • HashiCorp's prospects were mediocre, and its revenue growth rates were expected to decelerate substantially.
  • The completion of the deal could face regulatory hurdles, and holding out for a 5% upside doesn't make sense given other investment opportunities available.

Investment Thesis

HashiCorp, Inc.'s ( HCP ) white knight was confirmed yesterday, in the form of International Business Machines Corporation ( IBM ) acquiring HCP for $35 per share in cash....

For further details see:

HashiCorp: IBM's Big Deal? Cash In Now
Stock Information

Company Name: International Business Machines Corporation
Stock Symbol: IBM
Market: NYSE
Website: ibm.com

Menu

IBM IBM Quote IBM Short IBM News IBM Articles IBM Message Board
Get IBM Alerts

News, Short Squeeze, Breakout and More Instantly...