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Stock Traders Purchase High Volume of Call Options on HashiCorp (NASDAQ:HCP)

HashiCorp, Inc. (NASDAQ:HCP – Get Free Report) saw some unusual options trading on Wednesday. Traders bought 27,673 call options on the company. This represents an increase of approximately 794% compared to the average volume of 3,096 call options. Insider Buying and Selling at HashiCorp In other news, CMO Marc Holmes sold 13,916 shares of the […] ....

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HashiCorp (NASDAQ:HCP) Price Target Raised to $32.00 at Bank of America

HashiCorp (NASDAQ:HCP – Get Free Report) had its target price hoisted by equities researchers at Bank of America from $28.00 to $32.00 in a note issued to investors on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Bank of America‘s price target indicates a potential upside of 0.95% from the […] ....

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IBM Bolsters Hybrid-Cloud Business With $6.4B HashiCorp Acquisition

IBM announced its intention to acquire HashiCorp, a multi-cloud infrastructure automation company, for $6.4 billion. ....

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IBM nearing deal for cloud software provider HashiCorp, source says

(Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions to build out its cloud offerings. ....

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