Datadog, Fastly, Planet Fitness, Air Products, and Other Major Stocks Rise on Thursday
The stock market saw a decline overall, with the Dow Jones index dropping over 400 points on Thursday. However, some major stocks moved higher during the session.
Datadog’s Strong Performance
Datadog (NASDAQ: DDOG) surged after reporting stronger-than-expected third-quarter results and raising its guidance for the fourth quarter and fiscal year 2025.
- Quarterly earnings: 55 cents per share, beating analysts' estimate of 46 cents.
- Quarterly revenue: $885.651 million, surpassing the consensus estimate of $852.781 million.
- Shares rose 20%, closing at $186.13.
Market Context and Additional Information
Despite weakness in the broader market, some large companies recorded gains in today’s session.
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Summary: Datadog’s earnings beat estimates and raised outlook helped lift its shares sharply, standing out amid a broader market decline.
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