
Splunk began its first day on the stock market priced at $17 a share. By the end of the day, the unprofitable business startup was worth $35.08, a 108 percent jump in price that makes the company worth more than $3 billion. It was the best stock debut of the year, and earned its CEO Godfrey Sullivan $240 million from the 6.9 million shares he … [Read more...]





