Castlight Health pops 149% on its IPO despite a revenue multiple not seen since 2000
March 19, 2014 Leave a comment
Castlight Health pops 149% on its IPO despite a revenue multiple not seen since 2000
BY MICHAEL CARNEY
ON MARCH 14, 2014
Viewed in the context of the dozens of tech IPOs grabbing headlines from Silicon Valley and Wall Street over the last six months, Castlight Health’s public debut this morning and the overwhelmingly positive market response are hardly unique. Wall Street is remembering what it’s like to lust after high growth tech equities. But where the deal did stand out is in the valuation it commanded. Read more of this post






