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Why Datadog Stock Skyrocketed Today

TheMotleyFool

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Why Datadog Stock Skyrocketed Today: https://g.foolcdn.com/editorial/images/855838/gettyimages-1346348512.jpg

(NASDAQ: DDOG) stock posted huge gains in Tuesday's trading. The company's share price surged 13.7% despite a 0.4% drop for the S 500 and a 0.6% drop for the Nasdaq Composite in the session.

Datadog published its fourth-quarter results before the market opened this morning and delivered sales and earnings that beat Wall Street's targets. The company also issued strong forward guidance.

Image source: Getty Images.

Source Fool.com