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Why Datadog Stock Jumped on Thursday


Shares of Datadog (NASDAQ: DDOG) jumped on Thursday. The monitoring and analytics platform provider's shares rose as much as 5.8%. As of 1:15 p.m. EDT, however, the stock was up 3.8%.

The stock's gain was likely due to a combination of an upbeat day in the market for growth stocks in general as well as an analyst's move to upgrade his rating for the stock.

Image source: Getty Images.

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Source Fool.com

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