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Why Is Domo (DOMO) Stock Rallying Over 23% After Hours Today? - Domo (NASDAQ:DOMO)
Domo stock surged after agreeing to sell substantially all assets to Progress Software for $400 million.
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benzinga.com
Why Is Domo (DOMO) Stock Rallying Over 23% After Hours Today? - Domo (NASDAQ:DOMO)
Domo stock surged after agreeing to sell substantially all assets to Progress Software for $400 million.
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businessinsider.com
Domo sells its main businesses for $400 million, leaving founder Josh James with a hoard of cash to put to work
Progress Software agreed to buy Domo's AI and data business for $400 million. Domo founder Josh James will run the remaining debt-free entity.