Shares of software developer HashiCorp jumped 12% in extended trading after reports of a potential sale. The company has engaged an outside firm to explore interest from buyers. HashiCorp debuted on the Nasdaq in 2021 but has seen its stock drop 14% last year. Its market cap is around $5 billion. CEO David McJannet acknowledged that the company is behind its growth targets.
Shares of software developer HashiCorp jumped 12% in extended trading after reports of a potential sale. The company has engaged an outside firm to explore interest from buyers. HashiCorp debuted on the Nasdaq in 2021 but has seen its stock drop 14% last year.
Its market cap is around $5 billion. CEO David McJannet acknowledged that the company is behind its growth targets.
Hashicorp Software Developer Sale Potential Buyers Stock Market Cap Growth Targets
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