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Why Datadog Stock Surged Today

TheMotleyFool

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(NASDAQ: DDOG) stock closed out Thursday's trading with big gains. The company's share price gained 7% in the session amid the backdrop of a 0.3% gain for the S 500 and a 0.5% gain for the Nasdaq Composite.

Datadog roared higher today thanks to a blockbuster earnings report from Snowflake -- one of the company's partners and a fellow player in the data management and analytics space. Despite strong gains for the broader market this year, Datadog stock is still down 1% year to date.

Image source: Getty Images.

Source Fool.com