Advertisement

Is This Cybersecurity IPO a Buy?

Is This Cybersecurity IPO a Buy?

The attention garnered by initial public offerings (IPOs) and the rising demand for cybersecurity came together in the recent IPO of SentinelOne (NYSE: S). The company went public on June 30 at an IPO price of $35 per share, and trades around $52 at the time of this writing. SentinelOne operates in a rapidly expanding industry.