Software Company Datadog Soars Nearly 12% on S&P 500 Nod

TigerJul 3, 2025 8:10 AM

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Datadog jumped 12% in premarket trading.

Software company Datadog Inc. will be added to the S&P 500 index next week, replacing Juniper Networks Inc. after its recent acquisition by Hewlett Packard Enterprise Co.

Datadog will be included in the index prior to the start of trading on July 9, according to a press release from S&P Dow Jones Indices. Shares of Datadog were up 10.7% in after-hours trading Wednesday.

The hope of AppLovin and Robinhood being selected has once again been dashed.

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