Tableau shares continue to sink as Wall Street analysts turn negative

Happier times on Wall Street for Tableau as execs celebrate their May 2013 IPO
Shares of Tableau Software continued to fall on Monday morning following a devastating fourth quarter financial report in which executives claimed “softness” in customer spending. Tableau lost $ 41 million during the quarter, despite adding a record 3,600 customer accounts. The Seattle-based maker of data visualization software plummeted nearly 50 percent last week, and shares continued to sink on Monday as the company saw another five percent lopped off its stock. Tableau was trading at about $ 38.50 per share, and the stock is down about 58 percent so far this year. Tableau went public at $ 31 per share in May 2013,… Read More
GeekWire

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