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2021-09-01
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Database firm Couchbase's stock soars to post-IPO high, up 109%+ in six weeks
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Thanks","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/816092135","repostId":1190870130,"repostType":4,"repost":{"id":"1190870130","kind":"news","pubTimestamp":1630453204,"share":"https://www.laohu8.com/m/news/1190870130?lang=&edition=full","pubTime":"2021-09-01 07:40","market":"us","language":"en","title":"Database firm Couchbase's stock soars to post-IPO high, up 109%+ in six weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=1190870130","media":"seekingalpha","summary":"Wall Street continued to jump onto Couchbase, Inc. on Tuesday, driving the database firm’s stock up ","content":"<p>Wall Street continued to jump onto <a href=\"https://laohu8.com/S/BASE\">Couchbase, Inc.</a> on Tuesday, driving the database firm’s stock up to a record high and more than 100% above its IPO price set less than six weeks ago.</p>\n<p>BASE rallied as much as 16.5% Tuesday to an intraday record $52.26 despite no apparent news. The shares later fell back some, but still ended the session at a record high $50.23, up 12% on the day.</p>\n<p>All in, Couchbase (BASE) has gained 109.3% since its initial public offering priced at$24 a shareon July 22. That was above the $20-$23/share range that BASE company had expected, and the company also increased the IPO’s size to include 1.3M more shares thaninitially planned.</p>\n<p>Couchbase (BASE) has only risen from there, popping nearly 40% intraday on itsfirst post-IPO session.</p>\n<p>BASE has been rallying despite no apparent recent news other than plans to release its fiscal <a href=\"https://laohu8.com/S/QTWO\">Q2</a> results on Sept. 8 after the bell. Analystsexpectthe company to report some $28.1M of revenues and a $1.08 loss per share.</p>\n<p>Couchbase (BASE) provides software to allow companies to maintain large databases across data centers and cloud-computing systems. 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