Cybersecurity firm ForeScout finishes first day up 16% [Seeking Alpha]
FORESCOUT TECHNOLOGIES (FSCT)
Last forescout technologies earnings: 2/6 08:05 am
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US:NASDAQ Investor Relations:
investors.forescout.com/investor-relations
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Source: Seeking Alpha
Cybersecurity firm ForeScout finishes first day up 16%ForeScout Technologies (FSCT) finished its first day of tradingup 15.9%, marking a successful debut in one of the rare cybersecurity IPOs.It rose as high as $27 today, 22.7% above its IPO price of $22, where it had priced at the top of its range. The company had come in for an $806M valuation, short of a unicorn-sized private valuation it achieved in 2016.ForeScout had posted$91M in revenue in the first half of 2017, along with a net loss of $47M.See all stocks on the move »
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