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Why Datadog Stock Was Slammed on Friday

TheMotleyFool

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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.

Image source: Getty Images.

Source Fool.com

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