Big data made a big splash in 2012, and Splunk (SPLK) was there to take advantage of it. The company searches and processes large amounts of data for clients like Bank of America and Comcast, providing them with valuable insights and hard numbers.
Even though it was an unprofitable, little known business-to-business startup at the time, it had an explosive debut on the NYSE in April. Shares shot up 109% on their first day. Trading in the stock was so intense, it tripped an NYSE circuit breaker put in place to curb volatile trading. Six months after the IPO, Splunk shares were still up an impressive 85%.
The Mayans weren't the only ones who got it wrong this year. Here are a few of the worst predictions of 2012.
|McDonald's gives Charles Ramsey free food for a year|
|Japan stocks rebound after big plunge|
|Mailbox comes to the iPad|
|Bitcoin more powerful than fastest supercomputers|
|Stocks claw back from steep losses|