Enterprise IPOs Have Done Better Than Consumer Ones, Tableau Says
For all the hype over the upcoming Facebook initial public offering,
companies that serve consumers don’t give investors as good a return as
companies that focus on corporate users, according to data compiled by
Tableau Software Inc.
Companies focused on corporations and business people — including LinkedIn, Splunk, Imperva and Jive Software — have provided an average return of 50.8 percent to investors in the first 60 days of trading, Tableau said.
But IPOs of consumer-focused companies, including Pandora Media, Zynga and Groupon, have lost an average of 5.1 percent of their value in the same period. (Note: The chart also includes stocks that haven’t yet traded for 60 days.)
The IPO performance is good news for Tableau, a provider of data analytics and visualization software, which serves more than 7,000 organizations, including hospitals, government agencies and universities. The company, whose customers include Zynga and Wal-Mart Stores, may be considering going public, according to press reports.
Companies focused on corporations and business people — including LinkedIn, Splunk, Imperva and Jive Software — have provided an average return of 50.8 percent to investors in the first 60 days of trading, Tableau said.
But IPOs of consumer-focused companies, including Pandora Media, Zynga and Groupon, have lost an average of 5.1 percent of their value in the same period. (Note: The chart also includes stocks that haven’t yet traded for 60 days.)
The IPO performance is good news for Tableau, a provider of data analytics and visualization software, which serves more than 7,000 organizations, including hospitals, government agencies and universities. The company, whose customers include Zynga and Wal-Mart Stores, may be considering going public, according to press reports.
Comments
Post a Comment