Why DataDog Stock Dropped Today
Datadog(DDOG) The Motley Fool·2024-02-14 09:09
Shares of Datadog (DDOG -2.35%) fell as much as 8.4% early Tuesday, then briefly turned positive before closing the day down 2.4% after the cloud-based data analytics platform's conservative forward outlook overshadowed an otherwise strong quarterly update. Datadog is enjoying operating leverage at scale Datadog's fourth-quarter 2023 revenue grew 26% year over year to 0.15 per share (compared to a loss of $0.09 per ...