Why Datadog Stock Jumped on Thursday
Shares of monitoring and analytics platform specialist Datadog (NASDAQ: DDOG) spiked on Thursday. The stock rose as much as 5%. As of 3 p.m. EST, it had settled to about a 4% gain.
The stock's rise today was likely fueled by a combination of an upbeat day in the overall stock market and an analyst's decision to increase his 12-month price target for the stock.
Source Fool.com