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Why Datadog Stock Jumped on Thursday


Shares of monitoring and analytics platform specialist Datadog (NASDAQ: DDOG) jumped on Thursday. The stock rose as much as 17.8%. As of 12:30 p.m. EDT, however, the growth stock was up 14%.

The stock's sharp gain was due to the company's strong second-quarter results, which were reported before market open on Thursday.

Image source: Getty Images.

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Source Fool.com

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