Everyone is talking about Snap (SNAP) this year. But despite the headlines, Snap is not the best-performing publicly offered company. Here are a few promising IPO-th of 2017:
Mulesoft (MULE) - the San Francisco enterprise software company that debuted on March 17. After popping about 40% higher than its initial offering price of $17, Mulesoft has held firm and closed Friday at $24.33, about 43.1% above its initial listing price. Mulesoft makes money from subscribers to its application programming interface management and application integration software services. The company counts Coca Cola (KO) , McDonald's (MCD) , Spotify and Bank of America (BAC).
Presidio (PSDO) -debuted on March 10, is up about 10.6% since it began trading. Shares closed up about 1.9% Friday at $15.48 per share. Presidio CEO Bob Cagnazzi discussed the company's plans for growth and how it's competing with Accenture (ACN) and Action Alerts PLUS holding Hewlett Packard Enterprise (HPE) in an interview with TheStreet earlier this month.
Alteryx (AYX) - up about 11.6% since it debuted on March 24. Alteryx, a provider of self-service data analytics software, priced shares at $14 apiece but began trading at $17.25 per share. The shares closed at $15.63 on Friday. The company had raised about $163 million in three financing rounds from investors such as Toba Capital, Sapphire Ventures, Insight Venture Partners, Thomson Reuters and Iconiq Capital.
Canada Goose (GOOS) - released on March 16 and makes a growth by 26% in its first day of trading. Then there was a decline, but still currently trades around 24.8% higher than its initial price of $ 17 per share.
J.Jill (JILL) - also made its debut in March and has increased by 8.5%. The company, backed by Arcapita and Golden Gate Capital, reportedly sought a buyer in 2014. Seems like the wait paid off.
Source: TheStreet
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