Analytics software maker Alteryx of Irvine briefly rose above $10 billion in market cap for the first time, after reporting fourth-quarter earnings and expectations that beat analyst expectations.
The stock surged 8% to $158.62 per share for a market cap of $10.1 billion at 11:26 a.m. in New York, before settling back to $155.07 a share for a market cap of $9.9 billion around noon.
Alteryx shares have risen almost 50% since the start of the year and CEO Dean Stoecker says he sees “significant runway for future growth.”
