Customers Flock To Tableau, Investors To Its Stock
Treated to 64% revenue growth in the third quarter, shareholders bid up Tableau Software (DATA) stock Friday, boosting the IBD Computer Software-Database industry group. Shares of Splunk (SPLK), a Tableau customer and competitor, were up 9.5% in afternoon trading in the stock market today. Rival Qlik Technologies (QLIK) was up nearly 6%. Tableau stock led the way, though, up 23% and hitting a more than two-month high near 105. The industry group