Cloudera starts trading at $17.80, up 19% from IPO price
Cloudera started trading on the New York Stock Exchange this morning at $17.80 per share under the stock symbol $CLDR.
The big data company priced its IPO last night at $15 a share, above its original range of $12 to $14 per share. At that $15 price, the company is reportedly worth about $2 billion.
As we wrote last month, Cloudera’s big focus is Hadoop, “open source software for storing and processing lots of different kinds of data.” One of Cloudera’s key comp
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