|Bid||28.50 x 800|
|Ask||35.00 x 1300|
|Day's Range||27.81 - 29.49|
|52 Week Range||25.68 - 44.72|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Here's a look at the biggest venture exits of the third quarter from the Bay Area in a year that is already the biggest for such activity in more than a decade.
Three of Wall Street's top-performing IPO stocks in 2019 tumbled late on Thursday after the companies' quarterly results failed to satisfy investors and justify their high valuations. Zoom Video Communications dropped 2% in extended trade, even after the videoconferencing provider's quarterly results and full-year outlook beat analysts' expectations. Cyber-security company Crowdstrike tumbled 8.7% after it reported better-than-expected results and gave upbeat quarterly guidance.
Medallia Inc (NYSE: MDLA) is a pioneer in a new type of business analytics, the effort to track customer signals known as “Experience Management,” and the newly public company is set for growth because of it, two sell-side analysts said Tuesday. SunTrust Robinson Humphrey’s Terry Tillman initiated coverage of Medallia with a Buy rating and a $47 price target. Wells Fargo’s Philip Winslow started coverage of Medallia with an Outperform rating and a price target of $45.
Shares were rallying for the third straight session on Tuesday, as the newly public cloud-based software company got a boost from a flurry of positive analyst reports.
Medallia is the leader in the emerging Experience Management category of Enterprise software, Roderick said in the note. Although the company began by building solutions to improve customer experiences in the hospitality industry, it has broadened its focus to include other verticals like retail, technology and financial services, the analyst mentioned.
Medallia stock goes live on NYSE On Friday, the stock of enterprise software company Medallia (MDLA) went live after its IPO. In its first day of trading on the NYSE, Medallia stock surged 76%. Medallia joins the line of several software IPOs that launched this year, including Zoom Video Communications (ZM), Pagerduty (PD), Slack, and Pinterest.
Shares of customer-intelligence provider Medallia are soaring in the public debut, continuing the hot streak for enterprise software IPOs this year.
For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud . The IPO dates below are expected but not confirmed. Douyu International Holdings Ltd (DOYU) will issue nearly 67.4 million ...
San Francisco, California-based Medallia, Inc. (NYSE: MDLA) on Monday filed for a 14.50-million common stock offering at an estimated price range of $16-$18 apiece, according to the preliminary prospectus filed with the SEC. Of the total number of shares earmarked for the offering, 13.325 million shares will be sold by the company and 1.175 million by selling shareholders. Medallia also said SCGE Fund, L.P., an existing shareholder, has indicated an interest in purchasing up to 4% of the shares offered through the offering.