KNBE - Cybersecurity firm KnowBe4's stock pops more than 30% following IPO
Cybersecurity firm KnowBe4 (KNBE) popped nearly 25% on its post-IPO opening Thursday, rising more than 33% in its first few minutes of trading after an initial public offering priced at a bottom-of-the-range $16 a share.KNBE opened at $19.95 shortly after 11 a.m. ET and quickly rose to as high as $21.30, up 33.1% from its IPO price.Although the stock pulled back some, it was still changing hands at $20.66 shortly before noon ET, ahead 29.1%.This is a developing story. Check back for updates.
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Cybersecurity firm KnowBe4's stock pops more than 30% following IPO