Hortonworks (HDP) IPO Prices at $16, Above Expected Range

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Hortonworks (HDP) IPO Opens Up 50%

December 12, 2014 10:44 AM EST

Today's IPO for Hortonworks, Inc. (NASDAQ: HDP) opened for trading at $24 after pricing 6,250,000 shares of its common stock at a price to the public of $16 per share, above the expected $12-$14 range.

All of the shares are being offered by Hortonworks. In addition, Hortonworks has granted the underwriters a 30-day option to purchase up to 937,500 additional shares of common stock from Hortonworks.

Triton Research rates Hortonworks 5.11, which compares to their average IPO score of 6.55

Goldman, Sachs & Co. and Credit Suisse... More

Hortonworks (HDP) IPO Remains in Pre-Launch status at NASDAQ

December 12, 2014 10:32 AM EST

Hortonworks (NASDAQ: HDP) remains in Pre-Launch status at NASDAQ. Open expected shortly.

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