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New Relic (NEWR) is in a great position to carve out a piece of the fast-growing Big Data market, even as the company competes with much larger rivals that include Hewlett-Packard and IBM. At least three investment banks opened coverage Tuesday on the applications management software maker with favorable ratings. New Relic, however, was down nearly 3% in early trading in the stock market today, above 36. The company launched an initial public Scalper1 News
Scalper1 News