Datadog, Robinhood And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Kevin Simpson of Capital Wealth Planning said Robinhood Markets, Inc. HOOD will have great numbers.

A new digital assets regulatory framework could significantly expand the offerings of Robinhood and Coinbase COIN, enabling both platforms to list a broader range of crypto assets and tokenized equities, according to a new Bernstein report.

Stephen L. Weiss of Short Hills Capital Partners said he likes the safety of U.S. 2 Year Treasury.

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Anastasia Amoroso of iCapital named iShares Expanded Tech-Software Sector ETF IGV as her final trade.

Joseph M. Terranova of Virtus Investment Partners picked Datadog, Inc DDOG.

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On Feb. 13, the software-as-a-service (SaaS) platform clocked fiscal fourth-quarter revenue growth of 25% year-on-year to $737.73 million, beating the analyst consensus estimate of $714.54 million. Adjusted EPS of 49 cents beat the analyst consensus estimate of 44 cents.

Price Action:

• Robinhood shares dipped 7.8% to close at $40.66 on Wednesday.
• iShares Expanded Tech-Software Sector ETF fell 2.4% during Wednesday's session.
• Datadog shares fell 0.7% to close at $91.88 on Wednesday.

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