Could this niche cloud software company evolve into a diversified tech giant? Datadog (DDOG -2.52%) attracted a stampede of bulls when it went public. The cloud-based software provider priced its initial public offering (IPO) at $27 on Sept. 19, 2019, and its stock opened at$40.35 before rallying to a record high of $196.56 on Nov. 9, 2021. At its peak, Datadog's market cap hit$61.3 billion -- or 36 times the revenue it would generate in 2022. But today, it trades at about $126 with a market cap of$41.8 ...