Nimble Storage prices IPO at $21, shares begin trading today


From all indications, Nimble Storage's (NMBL) IPO will avoid the fate seen by rival Violin Memory's offering. The maker of hybrid flash/hard drive storage systems has priced its IPO at $21, above an elevated range of $18-$20. Shares are set to begin trading today.

Nimble raised $168M by selling 8M shares, and has an IPO valuation of $1.48B. That gives the company a market cap well above the ones possessed by Violin ($211M) and Fusion-io ($908M).

S-1, IPO preview, FY14 performance

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs