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Stock impact report

1 Glorious Growth Stock Down 73% to Buy on the Dip During the Nasdaq Correction [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
As of this writing, it's down by 14% from its recent all-time high, which places it firmly in correction territory. Investors are trying to digest rising uncertainty relating to global trade policies, which could affect economic growth and corporate earnings. But throughout history, the U.S. stock market has always climbed to new highs over time, so this is probably a great long-term buying opportunity. One stock investors might want to consider scooping up is DigitalOcean (NYSE: DOCN) . It provides cloud services to small and mid-sized businesses (SMBs), but it also has a growing portfolio of artificial intelligence (AI) services, which could supercharge the company's growth going forward. The stock is down by 26% from its 52-week high, and it's also still 73% below its record high, which was set during the tech frenzy in 2021. Let's see if the stock might be right for investors now. DigitalOcean's customer base typically includes start-ups and SMBs with under 500 employees, Show less Read more
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