The observability solutions provider reported first-quarter financial results that sent the stock price higher.
Datadog's (DDOG -1.43%) financial results were better than the stock market was expecting. Fool.com contributor and finance professor Parkev Tatevosian evaluates Datadog's first-quarter earnings and determines whether the stock price increase is justified.
*Stock prices used were the afternoon prices of May 5, 2023. The video was published on May 7, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Datadog. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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