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Why Datadog Stock Fell on Friday

TheMotleyFool

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Shares of monitoring and analytics platform specialist Datadog (NASDAQ: DDOG) took a hit on Friday, declining nearly 5% by the time the market closed. At one point during the trading day, the stock was down 6.8%.

The stock's sharp decline comes as many other growth stocks were taking a breather today -- particularly stocks of companies that have benefited from stay-at-home trends during the coronavirus pandemic. In addition, Datadog stock may be resuming a sell-off that followed the company's earnings report earlier this week.

Image source: Getty Images.

Source Fool.com

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