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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