Shares of Salesforce are sliding after the company announced that it is acquiring MuleSoft for $6.5B.

The global Applications Programming Interface (API) management market is estimated to grow from $609.32 million in 2016 to $ 3.44 billion by 2022. MuleSoft is a leading player in the market.

Quotient Technology is a leading digital promotion platform. Its Coupons.com website is a treasure trove of discounts, offers, promotions, enabling consumers to save money on a vast range of goods.

After MuleSoft 's strong IPO and early market performance, I believe that the previously-restricted venture capital firms and insiders will be ready to take profits and see an enormous opportunity to short MULE shares ahead of the event.

Let's review the IPO market - the ones that worked and the ones that have flopped. In the light of the major loss by SNAP let's look at how other IPOs have fared recently.

MuleSoft is a fast growing company and is well-positioned to take advantage of enterprises' growing need to securely and quickly integrate data across different applications and services.

After years of mulling over the idea of going public, San Francisco-based Billion Dollar Unicorn player MuleSoft finally listed this month.

The Nasdaq Composite hit a record intraday high of 5,912. Friday was a quadruple witching session on Wall Street. A quadruple witch occurs on the third Friday of the last month of every quarter, in March, June, September, and December.