On this episode of Stock Movers:
- Datadog (DDOG) shares rose after the company reported third-quarter results that beat expectations and raised its full-year forecast.
- Doordash (DASH) shares sunk after the company said it will spend more on investments next year to build new products and bolster internal tools, weighing on its earnings forecast. The company expects to increase investment in Deliveroo to improve the product and maintain growth, and anticipates spending “several hundred million dollars more” in 2026 on new products and an internal platform.
- Duolingo (DUOL) shares tank after the language-learning software company gave a weak fourth-quarter bookings forecast. Analysts note that the management’s focus on user growth weighs on the bookings outlook
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