DDOG Surges 18% After Raising Full-Year Revenue Forecast

Datadog lifts its annual revenue outlook, driving the largest single-day gain since 2018 as cloud demand accelerates. Datadog Inc shares jumped 18% after the company raised its full-year revenue forecast, citing stronger-than-expected demand for its cloud monitoring tools.

Datadog lifts its annual revenue outlook, driving the largest single-day gain since 2018 as cloud demand accelerates.

Datadog Inc shares jumped 18% after the company raised its full-year revenue forecast, citing stronger-than-expected demand for its cloud monitoring tools. The gain marks the stock’s biggest one-day increase since its 2019 IPO.

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