The Palo Alto company is the latest tech startup to test Wall Street’s appetite at a time when investors are gravitating toward larger public offerings. While not as high-profile as the Reddit IPO, another tech company is going public today, and it’s got a powerful backer. Cybersecurity firm Rubrik, Inc. will hold its initial public offering in a further sign that the tech IPO market is bouncing back after several lackluster years during which investors seemed to have lost their appetite for tech stock public offerings.

Topics:  palo alto   wall street s   reddit ipo   rubrik   ipo   stock   today   cybersecurity firm   tech   public   offerings   company   investors   appetite   
BING NEWS:
  • Rubrik's Successful IPO Puts These ETFs in Focus
    Microsoft-backed cloud-based cybersecurity ... price increasing 17% on its debut day, closing at $37. The stock added 2.41% after hours. The firm has a valuation of about $6.49 billion. Rubrik's ...
    04/25/2024 - 9:01 pm | View Link
  • Rubrik Shares Jump 21% in Market Debut
    as the provider of cybersecurity software became the latest tech company to tap the initial public offering market. The stock opened at $38.60 and hit a high of $40. More recently, shares of ...
    04/25/2024 - 9:17 am | View Link
  • Cybersecurity firm Rubrik soars 21% in debut
    Cybersecurity software firm ... The shares opened at $38.60 and the stock is trading on the New York Stock Exchange under the ticker RBRK. The firm saw its subscription ARR rise 47% year over ...
    04/25/2024 - 6:53 am | View Link
  • Microsoft-backed Rubrik's stock jumps 21% in NYSE debut
    Rubrik's shares rose nearly 21% in their debut on the New York Stock Exchange on Thursday, giving the Microsoft-backed cybersecurity firm a valuation of $6.77 billion.
    04/25/2024 - 6:44 am | View Link
  • Rubrik CEO says he's hungry as ever, while the Microsoft-backed firm sizzles on IPO day
    Shares of the cybersecurity firm were priced late Wednesday at $32, above the high-end of their expected range. The stock opened for trading at $38.60. The upsized IPO hauled in $752 million for ...
    04/25/2024 - 6:33 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News