Rubrik goes public, as the stock closed up nearly 16% in the cybersecurity company's first day of trading [Yahoo! Finance]
Palo Alto Networks, Inc. (PANW)
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Source: Yahoo! Finance
There are pictures, there's family (both biological and chosen), and there's lots of folks getting from one spot to another in a venue—”herding kittens” as my mom would say. But the primary way in which an IPO is like a wedding is this: It's a big, dressed-up day that took a lot of time, relationship-building, and ups-and-downs to get there. And it's also the first day of the rest of your life. This all occurs to me Thursday morning as I stand on the floor of the New York Stock Exchange, looking up at the bell-ringing balcony: Bipul Sinha, Rubrik CEO and cofounder, stood blue-suited and pink-tied, symbolically opening the public markets, surrounded by cheering employees, investors, and his family. Rubrik, a data-focused cybersecurity company, went public yesterday, with the stock initially popping by about 20% and closing up nearly 16%. What happens now is much like what happens after a wedding: you get up tomorrow and while you have new formalities, the basics remain the same.
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News
- Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions [TechCrunch]TechCrunch
- Palo Alto Networks Delivers More Autonomous Cybersecurity through Copilots for Strata, Prisma and Cortex Platforms [Yahoo! Finance]Yahoo! Finance
- Palo Alto Networks Unveils Enhanced Flexibility and Customization with Cortex XSIAM, the Precision AI Powered SOC PlatformPR Newswire
- Palo Alto Networks Delivers More Autonomous Cybersecurity through Copilots for Strata, Prisma and Cortex PlatformsPR Newswire
- Palo Alto Networks Launches New Security Solutions Infused with Precision AI to Defend Against Advanced Threats and Safeguard AI AdoptionPR Newswire
PANW
Earnings
- 2/20/24 - Beat
PANW
Sec Filings
- 5/6/24 - Form 144
- 5/3/24 - Form 4
- 5/1/24 - Form 144
- PANW's page on the SEC website