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Cloud stocks falter as Datadog trims 2023 revenue expectations
Cloud stocks are slipping on Tuesday, after one of the more prominent ones, Datadog, lowered its full-year revenue guidance as organizations remain engaged in cost-saving exercises. One cloud-oriented exchange-traded fund, the WisdomTree Cloud Computing Fund, tumbled 3% for the day, on pace for its fifth day of declines in the past six trading sessions. Many cloud-computing companies enjoyed…
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Domo Inc (DOMO)
December 7th, 2018
Amidst falling markets Domo Inc closed the day up $4.77 Friday which equals a 30.52% increase, closing at $20.40. In addition to finishing higher, trading volumes were solid at 906% of normal which can indicate investors see opportunities. (more…)
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