Datadog is trading at $234.69, down 17.12%, after investors sold the stock despite strong second-quarter results and raised 2026 guidance.
- Q2 revenue reached $1.12 billion, beating the $1.08 billion estimate; adjusted EPS was $0.65 versus $0.58 expected.
- The sharp reaction reflects profit-taking, elevated valuation, and expectations that second-half growth may not accelerate enough.