NEW RELIC Updates IPO Price Range to $20-22 from $18-20

New Relic filed an S-1 Amendment increasing the Company’s IPO price range to $20-$22 from the previous range of $18-$20.  New Relic is still slated to price on December 12, 2014 and will trade on the NYSE under the symbol “NEWR”.

Triton Research published a 54-page report on New Relic containing a bottom-up financial model, product analysis, business model analysis, bull vs. bear case scenarios, comparative analyses, questions for management, historical capitalizations, historical valuations, and more.  For pricing information please contact Kaylan Tildsley at (212) 804-6151.