Datadog is trading at $226.16 (-4.02%) as growth-heavy technology stocks face pressure ahead of Nvidia’s August 26 earnings and the Jackson Hole symposium.
- Rising long-term Treasury yields are weighing on richly valued software shares; the Nasdaq is down 0.70%.
- No fresh company-specific announcement was identified; August 6 guidance concerns remain an overhang, including slower expected growth and reduced usage from a major customer.