Shares of Datadog (DDOG) are sinking after the company announced its president will be stepping down at the end of 2024. Yahoo Finance's Madison Mills and Seana Smith break down the leadership change as well as Datadog's relatively strong earnings report. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
According to the average brokerage recommendation (ABR), one should invest in Datadog (DDOG). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?