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Why Datadog Stock Is Soaring Today

TheMotleyFool

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Shares of the enterprise software company (NASDAQ: DDOG) popped today after the company reported third-quarter sales and earnings that outpaced Wall Street's consensus estimates. Investors were also optimistic about the company's revenue estimates for the fourth quarter.

As a result, Datadog's share price spiked by 23.6% as of 10:30 a.m. ET.

Image source: Getty Images.

Source Fool.com