Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

MobileIron Has Shown Great Growth And Improving Efficiency But Don't Go All In Just Yet

Who is MobileIron, Inc.?

MobileIron, Inc. (NASDAQ:MOBL) develops and provides an information technology platform for enterprises to secure and manage mobile applications, content, and devices. The company's platform enables application developers to secure their mobile apps in order to make them enterprise-ready. (SOURCE: Yahoo! Finance Stock Summary MOBL)

MOBL recently held an IPO on 6/13/2014 selling 11,111,111 shares at $9.00 share which was the exact price target the company had targeted. Net proceeds to the company were approximately $89.2 million after deducting estimated underwriting discounts and commissions. The proceeds will be used for general corporate purposes, specifically for working capital and CAPEX. The shares have traded with little comparative volatility, compared to recent not yet profitable technology...

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