Though Qualys' (QLYS +18.1%) IPO wasn't too impressive at first, the cloud security software...

|About: Qualys (QLYS)|By:, SA News Editor

Though Qualys' (QLYS +18.1%) IPO wasn't too impressive at first, the cloud security software firm closed the day with a hefty gain. Shares still carry a fairly moderate price/sales multiple as far as cloud names go - the fact Qualys is facing growing competition from larger security software vendors, such as Symantec and Intel's McAfee unit, could have something to do with that.