Domo stock falls 4.05 percent after USD 221 million sale
Published on 09/23/2026 at 22:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Domo stock stood at USD 3.55 on Nasdaq on September 23, 2026, down 4.05 percent from the previous close. The move followed the completion of the company's asset sale and the planned transition to the Huckleberry.ai name.
Asset sale changes the company
According to Business Wire on September 22, 2026, Domo completed the sale of substantially all its operating assets and employees. The transaction left the renamed company with USD 221 million in cash and a debt-free balance sheet.
The release also put cash at USD 4.46 per share, above the September 23 market price of USD 3.55. That spread is the central figure in the stock story because the remaining company is now defined less by its former software operations and more by its cash and tax assets.
Quarterly sales missed consensus
The last operating quarter showed the pressure behind the restructuring. In Q2 fiscal 2027, Domo generated USD 76.78 million of revenue and reported a diluted loss of USD 0.21 per share, according to MarketBeat.
Revenue came in USD 1.28 million below the USD 78.06 million analyst consensus estimate. The comparison matters because the asset sale removes the operating platform that produced those sales, leaving future valuation tied to the post-transaction capital structure rather than a conventional software revenue multiple.
HUCK ticker starts September 24
The company will trade under the HUCK symbol on the Nasdaq Global Market from September 24, 2026, while existing shares and book-entry positions remain valid. Founder and CEO Josh James will continue to lead the renamed company, which is evaluating ways to use its capital and tax assets.
Stock value after the transaction
Domo stock had a 52-week range of USD 1.84 to USD 17.34 as of September 23, 2026. Its market capitalization was USD 155,392,375 on the same date, placing the USD 221 million cash figure above the equity value before other closing adjustments and obligations.
Domo market snapshot
- Company: Domo, Inc. now Huckleberry.ai, Inc.
- Ticker: DOMO
- Trading venue: Nasdaq
- Price as of September 23, 2026: USD 3.55
- Market capitalization: USD 155,392,375 as of September 23, 2026
- 52-week range: USD 1.84-17.34 as of September 23, 2026
- Sector / Industry: Technology / Software
