U.S. Stocks Open Mined on Tuesday; Datadog Jumps 25%; One Company Jumps Another 37%

Tiger Newspress2023-11-07

U.S. stocks were mixed Tuesday as traders took a breather following a sharp rally on Wall Street.

The S&P 500 hovered around the flatline, while the Dow Jones Industrial Average dipped 37 points, or 0.1%. The Nasdaq Composite outperformed, rising 0.3%.

Datadog shares were roaring 25% higher in morning trading Tuesday after the software company, which makes tools for monitoring infrastructure and application performance, showed upside with its latest quarterly results and delivered a better-than-expected forecast.

Carbon Revolution jumped another 37% in morning trading Tuesday after soaring 1010% in the past two days. The shares jumped 273% on Friday and soared 198 on Monday. Carbon Revolution stock went public through a merger with special purpose acquisition company (SPAC) Twin Ridge Capital Acquisition Corp. The company’s focus is on the creation of lightweight carbon fiber wheels.

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airevo
2023-11-07
airevo
Nice

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