Rubrik sets IPO price at $32 as it prepares to join NYSE: report

seekingalpha04-25

Rubrik (RBRK), a Microsoft-backed (MSFT), cloud-based cybersecurity firm, set its stock price at $32 for its initial public offering, according to a report by CNBC. The price came in higher than the $...

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The price came in higher than the $...</p>\n\n<a href=\"https://seekingalpha.com/news/4093760-rubrik-sets-ipo-price-at-32-as-it-prepares-to-join-nyse-report\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rubrik sets IPO price at $32 as it prepares to join NYSE: report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRubrik sets IPO price at $32 as it prepares to join NYSE: report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 06:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4093760-rubrik-sets-ipo-price-at-32-as-it-prepares-to-join-nyse-report><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rubrik (RBRK), a Microsoft-backed (MSFT), cloud-based cybersecurity firm, set its stock price at $32 for its initial public offering, according to a report by CNBC. The price came in higher than the $...</p>\n\n<a href=\"https://seekingalpha.com/news/4093760-rubrik-sets-ipo-price-at-32-as-it-prepares-to-join-nyse-report\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0082616367.USD","symbol_name":"摩根大通美国科技A（dist）","start_time":0,"source_url":"https://seekingalpha.com/news/4093760-rubrik-sets-ipo-price-at-32-as-it-prepares-to-join-nyse-report","article_id":"2430216494","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1175618332/image_1175618332.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430216494","pubTimestamp":1713996613,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Rubrik (RBRK), a Microsoft-backed (MSFT), cloud-based cybersecurity firm, set its stock price at $32 for its initial public offering, according to a report by CNBC. 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The price came in higher than the $28 to $31 range expected in the company's filing with the U.S. Securities and Exchange Commission last week.  Palo Alto-based Rubrik planned to sell 23M shares. It will appear on the New York Stock Exchange tomorrow under the ticker RBRK. The offering raised $752M and valued the company at $5.6B. Rubrik attracted 20 times as many orders for its IPO than there were available shares, according to a report Tuesday by Bloomberg. The firm saw its subscription ARR rise 47% year over year to $784M as of January 31, 2024. However, net losses widened to $354.2M in the latest fiscal year, with the company attributing this to continued investment in business expansion, according to its SEC filing. Losses were $278M for the year prior. Rubrik's filing follows offerings in the past months from social-media company Reddit (RDDT) and semiconductor technology company Astera Labs (ALAB). Last month, Rubrik announced a partnership with the AI-native CrowdStrike (CRWD) Falcon XDR platform.   More on Rubrik, Inc.  Rubrik Seeks IPO As It Transitions To SaaS IPO Roundup: Rubrik, Marex Group, Loar Holdings, and more Microsoft-backed Rubrik files to offer 23M shares in U.S. IPO Financial information for Rubrik, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430216494"}