New Relic Inc
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Information Technology : Software | Small Cap Growth
Company profile

New Relic, Inc. provides an observability platform that enables its customers to plan, build, deploy, and operate their critical digital infrastructure. Its observability platform combines metrics, events, logs, traces, and other telemetry data with its stack of analytical tools to generate insights. The New Relic platform helps customers to manage their entire digital infrastructure stacks, including the front end, back end, infrastructure layer, vulnerabilities, and logs. The customers use its platform to identify issues, understand their root cause, and simplify the engineering process. Through its platform, all telemetry data, regardless of its source, is aggregated in one place and available to query, alert, visualize, and navigate with insightful analytics. The New Relic platform is used by IT operations professionals and also serves a range of engineers, including application developers, mobile developers, site reliability engineers, and network and other engineers.

Postmarket

Last Trade
Delayed
$85.64
Change Since Close

Change Since Close

Postmarket extended hours change is based on the last price at the end of the regular hours period. Premarket extended hours change is based on the day's regular session close.

0.17 (0.20%)
Bid
--
Ask
--
B/A Size
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Market Hours

Closing Price
$85.47
Day's Change
0.06 (0.07%)
Bid
--
Ask
--
B/A Size
--
Day's High
85.49
Day's Low
85.35
Volume
(Light)
Volume:
605,512

10-day average volume:
2,535,422
605,512
Historical quotes & splits

Private-equity firms preparing a $5 billion bid for New Relic: WSJ

4:12 pm ET May 17, 2023 (MarketWatch)
Print

Private-equity firms TPG and Francisco Partners are preparing an offer of more than $5 billion to buy software firm New Relic Inc., (NEWR), the Wall Street Journal reported on Wednesday. Both sides could arrive at a deal in the next few weeks, the Journal said, but added that discussions could still falter and other offers could still come in. Shares of New Relic, whose software helps businesses track the performance of their digital infrastructure, were down 0.2% after hours, after jumping 10.8% in regular trading.

-Bill Peters

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 17, 2023 16:12 ET (20:12 GMT)

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