May 18, 2024
Finance

Microsoft-backed Rubrik’s stock jumps 21% in NYSE debut

(Reuters) -Rubrik’s shares climbed 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. The startup joins a list of companies that have seen strong debuts recently as initial public offerings (IPOs) bounce back on hopes of a soft landing for the

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