Datadog shares plunge after weak fourth-quarter forecast
In New York, Datadog Inc. saw its shares tumble sharply after the company issued a weaker-than-expected fourth-quarter outlook, Investor's Business Daily reported.
The cloud-monitoring firm had earlier posted third-quarter earnings that beat analysts' estimates, but its guidance for the upcoming quarter fell short, prompting investors to sell the stock. The decline reflected investor concerns that growth may be slowing despite the recent earnings beat.
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Datadog Inc.
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New York, New York, United States
