Hortonworks Stock Tanks On Filing To Raise $100 Mil

By | January 19, 2016

Scalper1 News

If you want to raise suspicion, try announcing that you need to raise $100 million after the worst first two weeks of a new year in stock market history. Shares of Hortonworks (HDP), the upstart open-source software developer, plummeted 37% Tuesday to an all-time low, closing at 10.44. Tht’s well below its December 2014 IPO price of 16 and 64% off its 52-week high, set Aug. 6 at 28.91. Hortonworks stock hit its all-time high of 29.83 on Jan. 12, Scalper1 News

Scalper1 News