Dynatrace

Letter: Starboard has taken a significant stake in observability company Dynatrace and is pushing for changes to boost the stock; DT jumps 7%+ after hours

Application performance monitoring company Dynatrace closes up 49% on its first day of trading, after raising $570M in its IPO, and is now valued at ~$6.7B

Bloomberg :

Application performance monitoring company Dynatrace files for IPO, posts $431M revenue for the fiscal year ending March 31, up 8% YoY, and a net loss of $116M

Benjamin Pimentel / Business Insider :

Application performance monitoring company Dynatrace files for IPO, posts $431M revenue for the fiscal year ending March 31, up 8% YoY, and a net loss of $116M

- Dynatrace filed papers for an IPO on Friday.  The company aims to raise $300 million with Goldman Sachs, JP Morgan and Citigroup as lead underwriters.