Why CrowdStrike, MongoDB, and Datadog Spiked Higher Today

Why CrowdStrike, MongoDB, and Datadog Spiked Higher Today

Shares of CrowdStrike (NASDAQ: CRWD), MongoDB (NASDAQ: MDB), and Datadog (NASDAQ: DDOG) all spiked on Friday, up 5.5%, 6.3%, and 7.2%, respectively, as of 1:22 p.m. EDT. The PCE differs from the Consumer Price Index (CPI) released earlier this month in that it weighs certain household expenditures differently and accounts for consumers substituting goods and services for other goods and services as relative prices change.