Nimble Storage IPO Clears Way For Industry Disruption
Nimble Storage (NMBL) stock was up more than 60% in its debut Friday, as the data storage company raised more than expected in its initial public offering. The company makes a line of storage systems that combine flash chips with disk drives to manage hundreds of terabytes and numerous software applications. Nimble priced its stock at $21, above its upwardly revised expected range of $18-$20, raising $168 million. The stock opened at 31.10 and was