Daniel Loeb-backed SentinelOne valued at nearly $12 billion in strong debut

Daniel Loeb-backed SentinelOne valued at nearly $12 billion in strong debut

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-sentinel-one-ipo/daniel-loeb-backed-sentinelone-valued-at-nearly-12-billion-in-strong-debut-idUSKCN2E6266

Shares of SentinelOne Inc jumped more than 31% in their U.S. stock market debut on Wednesday, giving a market capitalization of more than $11.7 billion to the cybersecurity firm backed by billionaire investor Daniel Loeb's Third Point hedge fund.