Atlassian (TEAM)

Atlassian (TEAM)

Postby iam802 » Fri Oct 20, 2017 3:06 pm

Atlassian heads toward $10 billion market cap with a story to tell

http://www.marketwatch.com/story/atlass ... 2017-10-19


Nearly two years after its initial public offering, Atlassian Inc. is heading toward a market cap of $10 billion and is unlikely to stop there.

The Australian cloud-software company, which went public in a well-received IPO in December 2015, saw its shares soar 12.5% in late trading Thursday after first quarter results and outlook surpassed expectations. Atlassian TEAM, +1.11% ended the regular session with a market value of about $9.2 billion, so the after-hours surge would put it near $10 billion, more than double its IPO valuation. So far this year, Atlassian’s shares are up about 67%, compared with 17% for the Dow Jones Industrial Average DJIA, +0.02% DJIA, +0.02% and about 14% for the S&P 500 index SPX, +0.03%

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2. The trend will END but I don't know WHEN.

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Re: Atlassian (TEAM)

Postby winston » Tue Dec 01, 2020 9:11 pm

not vested

THIS SOFTWARE GIANT HELPS MAKE WORKING FROM HOME EASY

Today, we're looking at a company that's thriving during the work-from-home trend...

With COVID-19 cases still on the rise as we head into December, lots of folks are still working from the comfort of their homes. As people continue to stay inside, they're relying on technology that makes it easier to work remotely. And that has been great news for today's company...

Atlassian (TEAM) is a $55 billion global software provider. This company builds tools that allow teams to work and create together. And its cloud offerings make it easy to collaborate from anywhere in the world. Customers are looking to Atlassian for that flexibility today...

In the most recent quarter, this leading software provider served more than 182,000 customers – adding more than 8,600 new customers in this period alone.

As you can see in the chart below, shares of TEAM are climbing. The stock is up 85% from its mid-March lows, and it recently hit an all-time high.

As folks continue to need top-of-the-line software wherever they are, this company is poised for success...

Source: Daily Wealth
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