New Relic, Hortonworks Win Big On Crowded IPO Day

By | December 12, 2014

Scalper1 News

Two big winners out of four will have to suffice for investors as a group of enterprise software companies — all of which play in the Big Data and/or cloud markets — made their stock market debuts Friday. New Relic (NEWR) and Hortonworks (HDP) got the most attention. New Relic stock jumped 48% to 33.99, as the company raised $115 million on a down day for the market. Hortonworks stock climbed 65% to 26.38. The company raised $100 Scalper1 News

Scalper1 News