Saturday, May 18, 2013

Big Data Analytics Specialist Tableau Software Raises $254M In IPO, Shares Pop 58% In Early Trading

Screen Shot 2013-05-17 at 15.23.04One year to the day of the troubled Facebook IPO, the climate for tech IPOs in the public markets is significantly less stormy, especially for companies in the enterprise space. Today, not one but two are debuting on New York stock exchanges. Business intelligence provider Tableau Software, trading as "DATA", is one of the more highly anticipated tech IPOs of the year, and so far it has not disappointed. It priced its IPO at $31 per share, and it has popped 58% to nearly $49/share in early trading on the NYSE.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ExGAEU_12fk/

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