Why Datadog Shares Are Falling

Datadog Inc DDOG shares are trading lower by 8% at $158 after JP Morgan downgraded the stock from Neutral to Underweight and lowered its price target from $212 to $195.

Datadog is trading lower by 11% over the past five sessions as tech names pull back following recent strength.

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Datadog is a monitoring and analytics platform for developers, IT operations teams and business users. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management.

Datadog has a 52-week high of $199.68 and a 52-week low of $69.73.