After pricing its 7.8M-share IPO at $17, Fleetmatics (FLTX) opened at $22.95 and is currently...


After pricing its 7.8M-share IPO at $17, Fleetmatics (FLTX) opened at $22.95 and is currently moving at $22.47, up 32%. The company, a developer of cloud-based mobile software for tracking and managing commercial vehicle fleets, posted 1H revenue of $58.4M (+37% Y/Y) and a net loss of $366K. Competitors include U.K.-based Teletrac and commercial location tech giant Trimble (TRMB). (S-1)

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