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Why Datadog Stock Exploded 25% Higher This Morning

TheMotleyFool

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Why Datadog Stock Exploded 25% Higher This Morning: https://g.foolcdn.com/editorial/images/754100/cloud-computing.jpg

In this video, I will go over 's (NASDAQ: DDOG) third-quarter earnings, which beat top- and bottom-line estimates, and explain why the company still has a long way to go. With 90% of global IT spending still on-premises, companies like Datadog will benefit from the transition to the cloud.

*Stock prices used were from the trading day of Nov. 6, 2023. The video was published on Nov. 7, 2023.

Source Fool.com