It doesn’t get much better than this for a group of entrepreneurs. Tableau Software made its debut on the New York Stock Exchange this morning, with CEO Christian Chabot ringing the opening bell after their IPO priced at $31 per share.
Wall Street obviously liked what they saw in the maker of data visualization products. The stock is up more than 50 percent in trading today, and the market value has topped $1.5 billion.
Tableau is the first tech company to go public from Washington state since Zillow started trading on July 2011.
“What a life experience. It was fantastic,” said Chabot of ringing the opening bell.
We will have a full Q&A with Chabot coming soon.
Follow-up: Q&A with Tableau CEO Christian Chabot: ‘We’ve been working our whole lives to become an overnight success’
Meanwhile, here’s the latest look at the stock price activity. (Click on chart for current view).