CISO - Cerberus Cyber Sentinel stock rallies amid heightened concern over cybersecurity risks

Cerberus Cyber Sentinel (CISO) stock rallied 18% on Wednesday afternoon amid concerns that Russia may launch cyber-attacks on US businesses in retaliation for US sanctions. Shares of the cybersecurity consulting firm opened at $7.90, hitting a low of $7.57 in morning action before jumping to a session high of $10.78 in early afternoon. The stock uplisted to Nasdaq and held an initial public offering on Jan. 14. Cerberus raised $10M after pricing 2M shares at $5 per share.

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Cerberus Cyber Sentinel stock rallies amid heightened concern over cybersecurity risks