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Why PagerDuty Stock Blasted 31% Higher This Week


Cloud stock PagerDuty (NYSE: PD) absolutely clobbered the market this week, rising by over 31% across the last five trading days. Late in the week the company delivered estimates-beating quarterly results, and this positive momentum continued with a pair of analysts lifting their price targets on the stock.

PagerDuty released its results for the fourth quarter of 2021 on Thursday, and they put a big collective smile on investors' faces.

Image source: Getty Images.

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Source Fool.com

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