After pricing its IPO at $21, above the expected range of $19 to $20, Atlassian began trading up 32% at $27.67 in its debut on the Nasdaq today. This gives the company a valuation of $5.8 billion.
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Earnings gains from big U.S. companies are pushing the stock market higher.
Microsoft led the Dow Jones industrial average up after reporting a jump in sales of tablet computers.
Ars Techica- Five Eastern European men have been charged with operating a global hacking operation that infiltrated some of the world's biggest financial institutions, pilfered data for more than 160 million credit cards, and created hundreds of millions of dollars in losses.
A newspaper is reporting that the computer network that runs the Nasdaq Stock Market in New York has been penetrated by hackers multiple times during the past year.