Friday 28 September 2012

Cloud Security Firm Qualys? IPO Opens At $12/Share, Raising $71.8M

qualys logoAs of today, one more enterprise cloud startup is now a publicly-listed company. Qualys -- trading as QLYS -- opened trading today on the NASDAQ with shares priced at $12, in the mid-range of the expected offering of between $11 and $13. After a slow start in the morning, the shares climbed up to $14.85 during the day, to settle down at $14.12 at close. Not quite as much of a rise as Palo Alto Networks when it had its IPO in July 2012 -- where it saw a 26% increase on its opening price of $46 -- but still an increase of 17.7%.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/nFIWdcrPyt0/

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