Datadog's Trading Volume Surges 41.83% to $546 Million, Ranked 258th Despite Stock Price Drop

On April 3, 2025, Datadog's trading volume reached $546 million, marking a 41.83% increase from the previous day, placing it 258th in the day's stock market rankings. However, Datadog's stock price fell by 7.12%.

Datadog has announced plans to establish a data center in Australia. This new facility will store and process data locally, enhancing sovereign capacity and helping customers comply with local privacy and security regulations. The data center will be built on AWS and will be Datadog's first in Australia, adding to its existing locations in North America, Asia, and Europe. This strategic move is expected to strengthen Datadog's presence in the Australian market and provide localized data handling for businesses in the region, ensuring access to all existing Datadog products.