Datadog is trading 5.95% up at $241.22 after reports that Palo Alto Networks explored acquiring the company.
- Discussions reportedly occurred in spring 2025; Datadog’s CEO was not receptive, and no formal offer emerged.
- The report revived takeover speculation.
- Broader technology sentiment is supportive, with the Nasdaq Composite up 0.84% and AI-related stocks benefiting from Nvidia’s earnings strength.