CEO David Trainer sat down with Chuck Jaffe of Money Life and MarketWatch.com to talk about our Danger Zone pick this past week: Splunk (SPLK).
In early 2012, Splunk Inc burst onto the scene with one of the biggest IPOs of the year. As the first in a new line of “big data” companies to go public, Splunk was seen as a trailblazer in an exciting industry. Since then, the stock price has ridden the hype and is up more than 320%. A combination of profitless growth, an unattractive pricing model, and overvaluation places Splunk in the Danger Zone this week.
Photo Credit: Thomas Cloer (Flickr)