Shares of Datadog (DDOG) are sinking after the company announced its president will be stepping down at the end of 2024. Yahoo Finance's Madison Mills and Seana Smith break down the leadership change as well as Datadog's relatively strong earnings report. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Datadog's (DDOG) first-quarter 2024 top-line results benefit from strength in customer demand for offerings in modern observability, cloud security, software delivery and cloud service management.
Datadog ( NASDAQ:DDOG ) First Quarter 2024 Results Key Financial Results Revenue: US$611.3m (up 27% from 1Q 2023). Net...