Why Datadog Stock Was Slammed on Friday
Shares of monitoring and analytics platform specialist Datadog (NASDAQ: DDOG) tumbled on Friday, falling about 14% as of 12:15 p.m. EDT.
The growth stock's decline follows Datadog's second-quarter earnings release. While the company's second-quarter results were better than analysts were expecting, they weren't impressive enough to prevent some profit-taking on the stock after a huge run-up recently.
Source Fool.com