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Why Datadog Stock Is Soaring Today


Shares of the enterprise software company (NASDAQ: DDOG) popped today after the company reported third-quarter sales and earnings that outpaced Wall Street's consensus estimates. Investors were also optimistic about the company's revenue estimates for the fourth quarter.

As a result, Datadog's share price spiked by 23.6% as of 10:30 a.m. ET.

Image source: Getty Images.

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Source Fool.com

Datadog Inc. Stock

€127.66
-1.490%
A loss of -1.490% shows a downward development for Datadog Inc..
The community is currently still undecided about Datadog Inc. with 1 Buy predictions and 0 Sell predictions.
As a result the target price of 175 € shows a positive potential of 37.08% compared to the current price of 127.66 € for Datadog Inc..
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