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 / why hashicorp rocketed over 21 on tuesday


IBM - Why HashiCorp Rocketed Over 21% on Tuesday

2024-04-23 16:23:36 ET

Shares of cloud automation software company HashiCorp (NASDAQ: HCP) were rallying hard on Tuesday, up 21.7% as of 3:56 p.m. ET.

The software company, which went public in 2021 and helps businesses set up their cloud infrastructure, is apparently nearing a deal to be acquired by tech giant IBM (NYSE: IBM) , according to an exclusive report in The Wall Street Journal .

The company had been rumored to be seeking a buyer since March, and it appears Big Blue thinks it may be a good fit for its growing cloud software business.

Continue reading

For further details see:

Why HashiCorp Rocketed Over 21% on Tuesday
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...