Another high-growth, money-losing unicorn is entering the public markets soon. This time it’s Cloudera (NYSE: CLDR), which will trade on the NYSE. Cloudera is expected to price after the market closes Thursday. The company looks to sell roughly 15 million shares at $13 per share for a valuation of $1.66 billion, or $2.27 billion when accounting for unexercised restricted stock. Should Foolish investors snap up the goods?
Image source: Getty Images.