Why Datadog Stock Was Slammed on Friday

Why Datadog Stock Was Slammed on Friday

The growth stock's decline follows Datadog's second-quarter earnings release. Datadog reported second-quarter revenue of $140 million, up 68% year over year. The company's non-GAAP (adjusted) earnings per share was $0.05, compared to an adjusted loss per share of $0.07 in the year-ago period.