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via seekingalpha.comMarkets

Datadog falls nearly 12% in broad technology sector sell-off

FROM THE WIRE · SEEKINGALPHA.COM

[Cloud computing] iambuff/iStock via Getty Images Shares of Datadog (DDOG [https://seekingalpha.com/symbol/DDOG]), an AI-powered observability and security platform for cloud applications, dropped almost 12% on Friday, as the broader technology sector sold off sharply. The stock…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishDatadog's drop reflects a sharp technology sector sell-off, with spillover to Nasdaq indices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Datadog fell almost 12% on Friday, trading at $234.38.
  2. 02The QQQ ETF lost almost 4% and the technology sector SPDR more than 5%.
  3. 03Arista Networks, Dell, CoreWeave and Oracle also posted sharp declines.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Datadog, Inc.DDOGStock235.27 USDMarket closedtoday -11.50%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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