Splunk, Alteryx stocks surge after rival Tableau agrees to be bought by Salesforce [MarketWatch]
Alteryx, Inc. Class A (AYX)
Last alteryx, inc. class a earnings: 2/13 04:05 pm
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Source: MarketWatch
Splunk, Alteryx stocks surge after rival Tableau agrees to be bought by Salesforce Shares of Alteryx Inc. AYX, +9.30% surged 5.6% toward a record high in premarket trade Monday, after fellow data analytics company Tableau Software Inc. DATA, +36.31% agreed to be acquired by Salesforce.com Inc. CRM, -3.45% at a 42% premium. Alteryx has a market capitalization of $5.95 billion as of Friday's closing prices. The stock reached an all-time intraday high of $99.81 on Friday, while the record close of $98.37 was reached on May 3. Splunk Inc. SPLK, +7.28% shares rose 3.3% in premarket trading after the deal announcement. Shares of business analytics and mobility software company MicroStrategy Inc. MSTR, +1.71% were still inactive ahead of the open. Alteryx's stock has soared 60% year to date through Friday, while the Dow Jones Industrial Average DJIA, +0.69% has gained 11%.
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