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Datadog shares fall after earnings as beat narrows from prior quarter

Investors were focused on the company delivering an even stronger outcome because expectations rose after Datadog’s stock outperformed earlier this year.

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MarketWatch reports that Datadog’s shares slid after the company posted earnings, with investors pointing to what they viewed as a softer-than-needed beat.

The cloud-monitoring company faced a high bar shaped by its strong stock performance during the year, but it ultimately beat expectations by less than it did in the prior quarter, according to MarketWatch.

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