30.50 +0.49 (1.63%)
Pre-Market: 7:00AM EDT
|Bid||29.85 x 800|
|Ask||30.55 x 1100|
|Day's Range||29.70 - 32.10|
|52 Week Range||29.70 - 41.44|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||40.00|
The cloud company Datadog leapt about 40% Thursday as it made its public debut at the NASDAQ. The company raised nearly $650 million in its initial public offering, giving it a market value of $10.88 billion. Yahoo Finance's YFi AM discusses.
Yahoo Finance’s Ines Ferre is live from the New York Stock Exchange to break down the market action for Roku, Beyond Meat, and DataDog.
Sep.19 -- Datadog Inc. priced its shares above an already increased target range on the way to raising $648 million in its U.S. initial public offering. Bloomberg's Sonali Basak reports and Lale Topcuoglu, senior fund manager at JOHCM, joins the conversation on "Bloomberg Daybreak: Americas."
The broader markets were subdued today. However, tech stocks Datadog (DDOG), Roku (ROKU) and Fitbit (FIT) gained significantly. Here's why.
Datadog Inc (NASDAQ: DDOG) shares got off to a hot start on the public market following the company’s IPO in September. After pricing its IPO at $27 per share, Datadog jumped nearly 50% on its first day of trading and has held onto most of those gains in the stock’s first month of trading. This week, investors get their first taste of what Datadog underwriters have to say about the stock following the expiration of the company’s analyst quiet period.
Joe Terranova spoke on CNBC's "Fast Money Halftime Report" about Datadog Inc (NASDAQ: DDOG ). He would buy the stock. He explained that Cisco Systems, Inc. (NASDAQ: CSCO ) tried to buy the company ...
Datadog , the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced the general availability of its integration with Alibaba Cloud, supporting customers that rely on Alibaba for their infrastructure.
Datadog, Inc. , the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced that the underwriters of its previously announced initial public offering of 24,000,000 shares of its Class A common stock have exercised in full their option to purchase an additional 3,600,000 shares of Class A common stock at the IPO price of $27.00 per share....
Software-as-a-service company Datadog (DDOG) made a smashing debut on Wall Street yesterday. After its IPO, DDOG's shares surged 40% in intraday trading.
Datadog's (DDOG) and Ping Identity Holding's (PING) IPOs were yesterday. Could these recent Wall Street entrants grow investors' wealth?
On Thursday, the vacation rental company issued a simple, one-sentence press release saying it intends to go public in 2020. Datadog (DDOG) lets businesses monitor their software in an online dashboard.
A broader market rally that stretched from Wednesday afternoon into Thursday morning was, in the end, nothing more than the high end of "more sideways." Trading volume dwindled at both of New York's major exchanges. Speaking to individuals whom I consider to be smart people on Thursday afternoon down at the trading floor of the New York Stock Exchange, I heard those two opinions argued in precisely that manner. In recent days here at Market Recon, we have profiled with mixed results several names that appeared poised to at least approach pivot and possibly break out, such as Microsoft Corp. , Northrop Grumman Corp. and ZTO Express Inc. .
The Datadog IPO priced shares above the high end of its estimated range and gave the New York-based software-as-a-service technology company a market valuation close to $7.8 billion.
The appetite for shares of enterprise software companies remains ravenous, as seen in the strong IPO debuts of Datadog and Ping Identity.
The Datadog IPO is complete and the company is now trading on the NASDAQ.Source: Blackboard / Shutterstock Here's what to know about the Datadog IPO. * The company is trading on the NASDAQ under the stock ticker "DDOG." * The Datadog (NASDAQ:DDOG) IPO priced shares of DDOG at $27. * This is well above the company's initial range of $19 to $22, which was later revised to $24 to $26. * There were a total of 24 million shares of DDOG stock that were available in the IPO. * With those all selling, this has the Datadog IPO raising $648 million in funds for the company. * There's also still an option available that allows underwriters of the IPO to buy and additional 3.60 million shares. * That's another possible $97.20 million for the company. * The underwriters for this IPO are Morgan Stanley, Goldman Sachs, J.P. Morgan chase and Credit Suisse. * Holders of Class A shares get one vote each and those with Class B shares get 10 votes each. * Datadog was founded back in 2010 and it deals in cloud software. * This includes data and analytics monitoring tools. * It sells these tools through subscription services to various businesses. * The first half of 2019 has seen the company lose a total of $13 million. * However, its revenue for that same period of time is $153 million with gross margin coming in at 74%. * That' almost double the company's revenue of $85 million reported during the same time last year. * 8 Dividend Stocks to Buy for a Recession You can follow these links to learn more about the Datadog IPO.InvestorPlace - Stock Market News, Stock Advice & Trading TipsDDOG stock was up 37% as of Thursday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far As of this writing, William White did not hold a position in any of the aforementioned securities.The post Datadog IPO: 14 Things to Know About DDOG Stock's Debut appeared first on InvestorPlace.
The New York-based company had priced its IPO at $27 per share on Wednesday, above its initial target range of $24-$26, raising about $648 million, at a valuation of about $7.83 billion. If underwriters exercise their option of buying an additional 3.6 million shares, the gross proceeds may go up to $745.2 million. Datadog is the latest in a string of listings in 2019 by so-called software-as-a-service (SaaS) companies, including Zoom Video Communications.
The Dow Jones, S&P; 500 and Nasdaq backed off highs in afternoon trading Thursday, but Microsoft held a solid gain on news of a big share buyback.
Datadog, Inc. (NASDAQ: DDOG ) made its public debut on Thursday morning, opening at $40.35 per share after being priced at $27. The company listed its shares on the Nasdaq under the ticker symbol "DDOG." ...
Datadog Inc. got off to a great start as a public company, as the stock opened 49.4% above the the digital transformation and cloud migration software company's $27 initial public offering price. The stock's first trade was at $40.35 at 11:57 a.m. Eastern for 3.2 million shares. It has extended gains since the open to be up 51% in recent trading. The IPO priced late Wednesday above the expected range of $24 to $26, which was recently raised from a range of $19 to $22. The company sole 24 million shares to raise $648 million in the IPO, and could raise up to $745.2 million if the underwriters exercise all the options to buy additional shares. The company has gone public at a time the Renaissance IPO ETF has rallied 31% year to date and the S&P 500 has advanced 20%.