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Datadog Stock Up 5.7% Premarket After Strong Snowflake Results

InvestorsHub +1 ·

SNOW Snowflake Inc
$305.84 -4.37%
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  1. 1Datadog (DDOG) shares rose 5.7% in premarket trading after Snowflake (SNOW) reported better-than-expected results.
  2. 2Snowflake's second-quarter revenue rose 35% year over year to $1.55 billion, with adjusted earnings per share of $0.62.
  3. 3Datadog shares, which fell about 22% last month on expectations of reduced usage among key customers, share an AI-related technology theme with Snowflake.

This 3-line summary is compiled from the report below.

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