Posted by & filed under Company Analysis, Growth & Valuation.

Description:   It’s no Facebook, LinkedIn (LNKD) or Zynga (ZNGA), but data analytics company Splunk (SPLK) is making a big splash on Wall Street. The San Francisco-based software provider officially went public Thursday morning, with a $229.5 million offering priced at $17 a share (well above its expected $11 to $13 range). The stock nearly doubled in value after it began trading, reaching $32.

Source:  Fortune.com

Date: 04/19/2012

Link:  http://tech.fortune.cnn.com/2012/04/19/splunk/?iid=SF_F_River

Questions for discussion:

  • What do you think of Splunk as an investment?
  • Would you be a buyer?

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