Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Customer service  |  Subscribe   |   Log in or sign up   |   Advertising information   |   Contact us
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Maureen Bozlinski
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
mbozlinksi@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Seattle's Tableau Software soars in trading debut

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon
Associated Press
Published:
NEW YORK — Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering.
Seattle-based Tableau Software Inc. provides software that helps businesses convert data into visual presentations.
The shares jumped $17.50, or 56 percent, to $48.50 in morning trading. Earlier, the company sold 5 million shares for $31 each and total proceeds of $155 million. Certain shareholders sold an additional 3.2 million shares at the same price for $99.2 million.
The shares are trading under the symbol "DATA."
The offering's underwriters — Goldman, Sachs & Co. and Morgan Stanley & Co. — have a 30-day option to buy up to 1.2 million more shares from Tableau, which would generate $38.1 million more in proceeds.

MORE HBJ HEADLINES

CALENDAR

Market roundup