HashiCorp has been mulling options including a potential sale, Bloomberg’s Ryan Gould, Katie Roof, and Dinesh Nair report, citing people with knowledge of the matter. The company has been working with a financial adviser recently to sound out interest from potential suitors, the authors note. Shares of HashiCorp are up over 13% in after-hours trading.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HCP:
- HashiCorp upgraded to Outperform at Scotiabank after positive partner talks
- HashiCorp upgraded to Outperform from Sector Perform at Scotiabank
- HashiCorp price target raised to $26 from $23 at TD Cowen
- HashiCorp price target raised to $28 from $24 at BofA
- HashiCorp price target raised to $28 from $26 at Stifel