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.
|Stocks: Looking to Bernanke|
|Sony shares boom on spin off speculation|
|Microsoft unveils new Xbox One game console|
|Apple grilled about tax havens|
|The market doesn't lie: Housing recovery is real|