Both Fastly & Datadog have been consolidating around the $90 price range since Q2.
$FSLY reported disappointing Q3 earnings with annual revenue growth at 42% after their largest customer, TikTok left their platform. Q4 will be the first earnings after their Signal Sciences acquisition. Additionally, 5G rollout is gaining acceleration with airwave auctions happening globally. 5G should really enhance growth of Fasly's Compute @edge platform.
$DDOG beat Q3 revenue estimates, growing 61% y-y and guided inline to expectations, but sold off down to $80/share. $SPLK has been aggressively acquiring companies like Plumbr, Rigor, and Flowmill in Q4 to build out its observability suite.
$FSLY closed today @ $104.13
$DDOG closed today @ $103.34
Which stock ends higher in price at the end of 2021?
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