Tiger Global's Chase Coleman Just Dumped Datadog and Piled Into This Beaten-Down Payments Stock

Hedge fund manager Chase Coleman, a notable “Tiger Cub,” founded Tiger Global in 2001 after working under Julian Robertson at Tiger Management. In Q1 2025, Tiger Global divested its stake in Datadog (NASDAQ: DDOG), a cloud monitoring platform, and increased its investment in the struggling payments company Block (NYSE: XYZ). Datadog aids businesses in managing complex cloud operations with real-time data, emphasizing its relevance in today’s cloud-centric environment.

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