Big Data & Cloud Start-Ups Successfully IPO

Big Data and the cloud each contributed a start-up to the stock market last Friday.
Tableau Software, a profitable chart-making BI data visualization firm, IPO’d on the Big Board in New York sporting the highly desirable ticker symbol DATA and selling at the open for $31 a share. It rose to $50.75 by the end of the trading day, up nearly 64%.
It has subsequently inched up further and ran as high as $59.60 before falling back a few bucks. Its market cap was $1.9 billion at noon Tuesday.

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