The Traderszone Network

Published in TZ Latest News 1 April, 2015 by The TZ Newswire Staff

Tech IPO Inovalon Sees Big Growth, Carves First Base

After a booming year in 2014, the IPO market delivered a sluggish first quarter in 2015, especially for the tech sector. GoDaddy (GDDY) debuted Wednesday as the latest of only a handful of tech IPOs, raising $460 million. The well-known Web hosting provider is delivering sound revenue growth but is not yet profitable.

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