After the Bell
Before the Bell
Jim Cramer's Daily Booyah
Winners & Losers
As large tech groups and private sponsors shop for software companies, outfits with enterprise clients and cloud services have come into focus.
Software industry watchers believe the company will be the next to make a move in the cloud sector as it tries to get 29% of its revenue in that space.
An expected bid of $28 to $30 per share would fall below recent buyout multiples.
Marketo (MKTO) stock is trading in the red on Wednesday as Canaccord Genuity downgraded the company to ‘hold’ from ‘buy.’
©1996-2016 TheStreet, Inc. All rights reserved.
Action Alerts PLUS is a registered trademark of TheStreet, Inc.