ET 14:48

Domo, Health Catalyst, MongoDB, Asana, RingCentral Rally on Geopolitical Relief - DMO

Shares of Domo (DMO), Health Catalyst, MongoDB, Asana, and RingCentral rose in afternoon trading on January 22, 2026, following reports of eased geopolitical tensions in Greenland, which boosted investor sentiment and sparked a broader risk rally. The S&P 500 and Nasdaq Composite rebounded, with the Dow Jones Industrial Average gaining 500 points, as investors rotated into technology stocks amid reduced market uncertainty. Domo’s stock climbed after earlier gains tied to its partnership with Yamaha Corporation, which deployed Domo’s AI and data platform to centralize logistics operations, cutting 200 annual manual hours and improving decision-making. Despite the rally, Domo remains down 23.8% year-to-date and trades at $6.33, 65.2% below its 52-week high of $18.20 set in September 2025. The stock has seen 42 moves exceeding 5% over the past year, reflecting high volatility. Other tech names including MongoDB, Asana, and RingCentral also advanced on renewed optimism in growth sectors.

EditorWong Mei Ling