Datadog Stock News

Customers are flocking to the cloud security platform.

Customers are flocking to the cloud security platform.

Markets were on edge after a bad inflation report.

Datadog made some noise, Thursday, as the network cybersecurity company''s shares surged more than 12% in the wake of a strong fourth-quarter report and first-quarter outlook.

The Nasdaq 100 slumped 1.7% in afternoon trading Thursday, with only 17 of its components gaining ground, after the technology-friendly index ran up 3.3% over the past two days. The index''s biggest gainer was Datadog Inc. stock , which shot up 14.3% over the monitoring and security software platform company reported before the open better-than-expected fourth-quarter results and provided an upbeat first-quarter sales outlook. Shares of Seagen Inc. tumbled 13.8% to pace the losers after the biotechnology company reported late Wednesday a wider-than-expected loss and provided a downbeat revenue outlook. Also acting as a big drag on the Nasdaq 100 was weakness in all four of the index''s trillion-dollar-plus market capitalization companies, as shares of Apple Inc. shed 1.7%, Microsoft Corp. dropped 2.6%, Alphabet Inc. slumped 1.5% and Amazon.com Inc. fell 1.1%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Customers are flocking to the cloud security platform.

DDOG earnings call for the period ending December 31, 2021.

DDOG earnings call for the period ending December 31, 2021.

Markets were on edge after a bad inflation report.

Gainers American Rebel Holdings, Inc. (NASDAQ: AREB ) shares climbed 63.3% to $3.45 following the company''s recent uplisting to the Nasdaq. BRC Inc. (NYSE: BRCC ) climbed 35.8% to $16.31. IronNet, Inc. (NYSE: IRNT ) shares climbed 23.8% to $4.3450 after the company announced an agreement with a Gulf Cooperation Council country to provide collective defense for critical national infrastructure. Anghami Inc. (NASDAQ: ANGH ) gained 20.9% to $13.60 amid continued volatility following its recent listing on Nasdaq. Peabody Energy Corporation (NYSE: BTU ) rose 19% to $16.18 following strong quarterly results. Society Pass Incorporated (NASDAQ: SOPA ) jumped 18.2% to $4.2200. Society Pass recently announced pricing of a $10 million underwritten public offering. Datadog, Inc. (NASDAQ: DDOG ) gained 15.5% to $179.73 after the company reported better-than-expected Q4 EPS and sales results and issued Q1 and FY22 sales guidance above estimates. Lufax Holding Ltd (NYSE: LU ) gained 15% to $5.75. Neptune Wellness Solutions Inc. (NASDAQ: NEPT ) rose 14.9% to $0.3216 following Q3 results.

Megacap stocks dragged U.S. stock indexes lower on Thursday after a hotter consumer prices data raised fears the Federal Reserve will act aggressively to counter inflation, while Disney jumped after posting upbeat quarterly results.

Shares of Datadog Inc (NASDAQ: DDOG) jumped nearly 20% on Thursday after the security-software company reported strong results for its fiscal fourth quarter and gave hawkish guidance for the future. F

Datadog Inc (NASDAQ: DDOG ) is trading higher Thursday morning after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates. Datadog said quarterly revenue increased 84% year-over-year to $326.2 million, which beat the estimate of $291.48 million. The company reported quarterly earnings of 20 cents per share, which beat the 12 cent estimate. "We continue to believe we''re Full story available on Benzinga.com

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