Scalper1 News
It’s been a big year for IPOs, but one of its wildest days was March 14, when Castlight Health soared 149% on its first day of trading. The stock hit a market cap of more than $4 billion, for a company with 2013 revenue of just $13 million. Though the stock’s come closer to earth since then, Castlight (CSLT) continued the comeback for health care IT IPOs. Drug IPOs have gone gangbusters since early last year, but HCITs didn’t get rolling until the Scalper1 News
Scalper1 News