New Relic Boosts Price Range For Its Big Data IPO

By | December 10, 2014

Scalper1 News

Friday is shaping up to be a big day for Big Data IPOs. Three Big Data companies are set for an initial public offering Friday. The largest is New Relic (NEWR) which raised its estimated price range, suggesting strong demand for shares. New Relic provides a software-as-a-service platform that companies use to collect, analyze and store massive amounts of data. This includes monitoring e-commerce applications. New Relic raised its expected share Scalper1 News

Scalper1 News