🔴 Datadog is trading 4.22% down today as hotter-than-expected CPI pressures stocks

Datadog is trading at $271.38, down 4.22%, as broader market weakness following hotter-than-expected September CPI appears to be weighing on shares.

• Annual headline CPI was 3.7%, above the 3.6% forecast; annual core CPI was 2.6%, above the 2.5% forecast.
• Rising Treasury yields and renewed rate-hike concerns pressured stocks. No clear Datadog-specific catalyst surfaced in available reports, and the move appears consistent with macro-driven pressure on equities.