Why did Datadog stock drop today? Volume surges on first day of trading in 2022
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Datadog (NASDAQ:DDOG) shares fell sharply on Monday, as more shares of the cloud-based data analytics company changed hands than normal.
More than 4.4 million shares of Datadog (DDOG) were traded on the first trading day of 2022, compared to an average daily volume of just over 3.2 million, an increase of more than 37%.

Datadog (DDOG) shares fell slightly more than 8% to close at $163.83, but have climbed nearly 80% over the past year.
Last month, DataDog (DDOG) had its rating cut to underweight at J.P. Morgan, with the investment firm saying the decision was "purely a valuation call."