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home / articles / GTLB - Why Are Datadog Shares Trading Lower Today? | Benzinga


GTLB - Why Are Datadog Shares Trading Lower Today? | Benzinga

Datadog Inc. (NASDAQ:DDOG) shares are trading lower Wednesday following a report that the company is considering acquiring GitLab Inc. (NASDAQ:GTLB), valued at approximately $8 billion.

What Happened: Datadog, valued at $44 billion, offers cloud monitoring software and allows clients to analyze their entire IT infrastructure in real time. Both companies have declined to comment on the ongoing discussions, while Alphabet, holding ...

Full story available on Benzinga.com

Stock Information

Company Name: GitLab Inc.
Stock Symbol: GTLB
Market: NASDAQ
Website: about.gitlab.com

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