Thursday, May 16, 2013

Tableau Sets IPO Price, To Trade Friday

The highly anticipated IPO of Seattle's Tableau Software has priced at $31.00 per share, above its estimated initial public offering range of $28.00 to $30.00 per share. The pricing is higher yet than the initial estimated range of $23.00 to $26.00 a share the company had set on May 6th. Tableau is set to list on the New York Stock Exchange as DATA. Tableau Software is a developer of tools used for enterprise data visualization. The IPO is raising $254.2M for the company.