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HashiCorp shares jump on report that company is considering a sale

by Editor March 16, 2024, 4:04 am 1.8k Views

HashiCorp shares jump on report that company is considering a sale

HashiCorp at the Nasdaq market site, December 9, 2021.

Source: Nasdaq

HashiCorp shares jumped 12% in extended trading on Friday after Bloomberg reported the software developer was considering a sale.

The company has engaged an outside firm to explore interest from potential buyers, Bloomberg said, citing unnamed sources. A company representative didn’t immediately respond to CNBC’s request for comment.

HashiCorp, whose software helps developers…

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