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DigitalOcean Holdings, Inc. (DOCN): A Bear Case Theory 

We came across a bearish thesis on DigitalOcean Holdings, Inc. on Valueinvestorsclub.com by sondasy. In this article, we will summarize the bulls’ thesis on DOCN. DigitalOcean Holdings, Inc.'s share was trading at $37.84 as of October 8th. DOCN’s trailing and forward P/E were 29.55 and 16.69 respectively according to Yahoo Finance.

[caption id="attachment_518922" align="aligncenter" width="750"] Copyright: melpomen / 123RF Stock Photo[/caption]

DigitalOcean (DOCN) faces a convergence of operational, financial, and governance challenges that collectively undermine its...