Colorado's Top 100 Public Companies: Dish Network tops Colorado list for third straight year.
Author | Ringo, Kyle |
Position | Company rankings |
Englewood-based Dish Network sits atop the Top 100 Public Companies ranking for the third straight Year will revenues or $11.3 billion in 2012, but a much smaller Colorado public company not even on the list has generated just as much buzz on Wall Street of late. You won't find Rally Software on this year's ranking because the company's Initial Public Offering didn't occur until early 2013, but the Boulder-based firm is viewed as a sign or the future for growth-minded tech enterprises seeking capital. Rally was already a rising star among Colorado businesses before it went public in April, trailing under the ticker symbol RAIN.
Rally's IPO is originally priced at $I 1 to $13 per share and surged to more than $18 per share on its first clay on the market. It exceeded expectations by nearly 30 percent and generated an estimated $84 million for the company that specializes in agile project management software. Rally representatives said they planned to use the new capital to expand the sales force, improve infrastructure, develop internationally and possibly' acquire other companies.
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