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Cloud infrastructure service DigitalOcean closed 10% down at $42.50 in its market debut, after pricing shares at $47, valuing the company at $4.48B (Jordan Novet/CNBC)

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Jordan Novet / CNBC:

Cloud infrastructure service DigitalOcean closed 10% down at $42.50 in its market debut, after pricing shares at $47, valuing the company at $4.48B  —  – DigitalOcean raised $775 million in its initial public offering.  — Unlike larger cloud rivals, the company hasn’t built …



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