Team

Atlassian’s market cap has soared since the company’s 2015 IPO, led by the co-CEOs who started the company two decades ago.

In 2015, Microsoft bought Christian Reber’s to-do list app, Wunderlist, for a sum that was reported to be between $100 million and $200 million.

Amazon, Pinterest, Intel and PayPal acknowledged they could risk losing tech talent to competitors who offer more appealing job benefits, such as remote work.

Atlassian raised its subscription growth forecast for the fiscal year as it plans to raise prices. The company also acquired start-up Percept.ai.

An index of cloud software stocks is down 38% from its high in November, but two key members gave a reason for optimism on Wednesday.

“Many of these Nasdaq winners have fallen out of favor and become incredibly dangerous,” the “Mad Money” host said.