🟢 DigitalOcean is trading 4.37% up in pre-market as AI shares rebound

DigitalOcean is trading 4.37% up at $103.00, with its pre-market rise coming amid a broader rebound in AI-related shares.

• No new company-specific announcement was identified for October 19. Reuters reported that AI-related shares rebounded from last week’s selloff, which reflected concerns about financing AI infrastructure.
• Lower oil prices and Treasury yields added support; the Nasdaq Composite was up 1.37% pre-market.