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SPLK - When Fear Attacks! SailPoint Technologies Sold For Peanuts
Splunk Inc.
Congratulations to Thoma Bravo and the SailPoint Technologies management team, each of which stand to make big returns from today's deal, in our view.
Brickbats to those large SailPoint shareholders who are likely to support the deal going through.
We move to Sell on the stock having banked nice gains but, still, this sale is the embodiment of the damage that sentiment can do to your bank balance.