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Why Datadog Stock Soared as Much as 30% Higher on Tuesday

    Shares of Datadog (NASDAQ: DDOG) charged sharply higher Tuesday, surging as much as 306%. As of 10:28 a.m. ET, the stock was still up 29.4%. The catalyst that sent the cloud monitoring, analytics, and security company soaring was financial results that proved beyond the shadow of a doubt that its rebound was well and truly underway.

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