This year has seen a number of tech giants like Snap, Cloudera, and Roku, make the jump into public markets. Meanwhile, one lesser-known company, Alteryx, which made its IPO in March, is quietly raking in the gains. Dean Stoecker, CEO of Alteryx, an analytics platform for enterprises, joined Cheddar to explain what’s clicking for his company.
The company's stock is up significantly from its IPO price of $14 a share. Stoecker explains how Alteryx's uncoventional path to IPO set the analytics company up for a strong start. He says raising money is a weakness, not a strength. That's why it took him 14 years to take in investments, and 20 years to move into the public spotlight.
Stoecker says Alteryx is bringing the thrill back to analytics. The company has a giant list of customers, including Walmart and Boeing. The CEO breaks down how Alteryx is looking to change the way these companies interpret data.
Stocks fall for a second day on Wall Street due to weak job data and recession fears. The VIX surges over 60, showing high anxiety and a potential rebound.
A new CEO takes over the embattled planemaker. Plus: Elon picks a fight, the Fed might finally cut rates and Microsoft makes a lot of money but not enough.
