Rubrik priced their IPO at $32, roughly a ~7x NTM revenue multiple

News outlets reporting $Rubrik Inc.(RBRK)$ priced their IPO at $32 / share (above the initial range of $28-$31 / share. This implies roughly a ~7x NTM revenue multiple.

Trading will start tomorrow morning. More details below on different multiples for the company at different prices

ImageImage

https://twitter.com/jaminball/status/1783253950961188888

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • It'll be interesting to see how the trading goes tomorrow.
    Reply
    Report