August 1, 2016

For Tech IPOs, Safe Is the New Sexy

Yes, it’s been a slow year for tech IPOs, with just five information technology companies braving the public stock market as of last Friday. But the ones engineered over the past few weeks have been memorable, for the right reasons. Big data firm Talend, for example, debuted 54% above its IPO price of $18 last Friday and closed its first day up 42% at $25.50.