Splunk: CLSA Starts at Sell; Priced for Perfection
Enterprise software vendor Splunk (SPLK) have seen shares trade sideways since the stock went public on April 19th, closing down Friday by 43 cents, or 1.4%, at $31.36, still almost double the offer price but down 12% since the first day of trading. CLSA Asia-Pacific Markets‘s Ed Maguire today initiated coverage of the stock with [...]
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