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Datadog stock surged 23% in the premarket hours. All of a sudden, this generally under-the-radar cybersecurity stock was trending on financial social media.
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"Results were highlighted by 84 percent revenue growth that accelerated vs. 75 percent last quarter and consensus at 64 percent, or a 12 percent beat, the largest quarterly beat since the third quarter of 2019 and a record on the absolute basis."