Datadog is trading 4.1% down now at $267.07 amid software-sector pressure following disappointing Fortinet and ServiceNow results.
- Reuters reported declines across software and cybersecurity peers, as renewed concerns about AI disruption weighed on the industry.
- The IGV software ETF fell 4.26% during the regular session.
- Recent Upwind financing and reported rejected-bid headlines are not established as causes of the decline.