HashiCorp (HCP) Surges 21.4%: Is This an Indication of Further Gains?

HashiCorp, Inc. (HCP) shares rallied 21.4% in the last trading session to close at $29.15. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.8% loss over the past four weeks.The upswing in shares can be attributed to rumors that IBM might bid for HashiCorp.This company is expected to post quarterly loss of $0.01 per share in its upcoming report, which represents a year-over-year change of +85.7%. Revenues are ...