Datadog /zigman2/quotes/214127379/composite DDOG -5.89% disclosed Tuesday that expected pricing of its initial public offering has increased to $24 to $26 a share from $19 to $22, which raises the value of its 24-million-share offering to up to $624 million from $528 million. If the underwriters exercise the options to buy up to an additional 3.6 million shares, the company could raise up to $717.6 million. The digital transformation and cloud migration software company's stock is expected to list on the Nasdaq under the ticker symbol "DDOG." The lead underwriters of the IPO are Morgan Stanley, Goldman Sachs, J.P. Morgan and Credit Suisse. For the six months ended June 30, Datadog recorded a net loss of $13.4 million on revenue of $153.3 million, after a profit of $498,000 on revenue of $85.4 million in the same period a year ago. The company is looking to go public at a time the Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO -0.51% has rallied 44.2% year to date while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.48% has gained 19.6%.