Datadog's $384M Trading Volume Surge Lands 216th Spot Amid Volatility

On March 28, 2025, Datadog's trading volume reached $384 million, marking a 34.93% increase from the previous day. This surge placed Datadog at the 216th position in terms of trading volume for the day. However, the stock has since declined by 3.58%, marking its third consecutive day of losses, with a total decrease of 8.57% over the past three days.

Datadog's stock has experienced significant volatility, with its share price currently at $107.97. The Relative Strength Index (RSI) for Datadog stands at 42.21, indicating that the stock is oversold. This suggests that the market sentiment towards Datadog may be overly pessimistic, presenting a potential buying opportunity for investors.

Artisan Partners Limited Partnership recently reduced its holdings in Datadog by 25.9% during the fourth quarter. This move by a major institutional investor could signal a shift in sentiment towards the stock, potentially influencing other investors' decisions.

Additionally, the put/call ratio for Datadog is high, which can signify that the market is oversold as more traders are buying puts rather than calls. This further supports the notion that Datadog's stock may be undervalued, offering a potential entry point for investors looking to capitalize on a rebound.