Originally set to price at $11 to $13 a share, the Splunk IPO surged ahead, ultimately going at $17. The company’s original price range, before up-sizing, was $8 to $10. According to Renaissance Capital, the action led to ‘an offer price 89 percent above the mid-point of the original price range.’ Look for Splunk to list on NASDAQ, where it will trade under the symbol SPLK. The lead underwriters were Morgan Stanley, Credit Suisse, JP Morgan and Bank of America Merrill Lynch.
Source: Renaissance Capital