Daniel Loeb-backed SentinelOne valued at $11.7 billion as shares jump in debut

Daniel Loeb-backed SentinelOne valued at $11.7 billion as shares jump in debut

2 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-sentinel-one-ipo/daniel-loeb-backed-sentinelone-valued-at-11-7-billion-as-shares-jump-in-debut-idUSKCN2E6266

SentinelOne Inc, a cybersecurity firm backed by billionaire investor Daniel Loeb's hedge fund Third Point, notched a market capitalization of more than $11.7 billion in its U.S. stock market debut on Wednesday, as its share price jumped more than 31%.