Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / PANW - Cybersecurity firm SentinelOne sets IPO terms to offer 32M shares for $26-$29 per share

PANW - Cybersecurity firm SentinelOne sets IPO terms to offer 32M shares for $26-$29 per share

Palo Alto Networks Inc.
California-based cybersecurity software company, SentinelOne (S) to raise up to $928M and could be valued at up to $7.36B after offering 32M shares in the IPO at an expected price between $26-$29 per share. The stock is expected to list on the NYSE under the ticker symbol "S." The company offers an AI-powered extended detection and response platform that fully automates cybersecurity defenses.For Q1, the company recorded 108% Y/Y revenue growth to $34.7M while net losses increased to $62.6M vs. $26.6M year ago.The company's key competitors include: CrowdStrike (CRWD), VMware (VMW), McAfee (MCFE), Broadcom's (AVGO) Symantec, and Palo Alto Networks (PANW).Source

For further details see:

Cybersecurity firm SentinelOne sets IPO terms to offer 32M shares for $26-$29 per share
Stock Information
Company Name: Palo Alto Networks Inc.
Stock Symbol: PANW
Market: NYSE
Website: paloaltonetworks.com
Menu
PANW PANW Quote PANW Short PANW News PANW Articles PANW Message Board
Get PANW Alerts

News, Short Squeeze, Breakout and More Instantly...