(Bloomberg) Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., has drawn about 20 times as many orders for its planned initial public offering as there are available shares, people familiar with the situation said.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is Sputtering, Investors Baili
Microsoft-Backed Rubrik's IPO Is 20 Times Oversubscribed bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
By Karen Roman Cheddar TV’s Kristen Scholer interviewed IPO Edge Editor-in-Chief John Jannarone to discuss how technology and cloud-based services companies are driving an IPO revival, with firms like Ibotta, Inc. (Nasdaq: IBTA) pricing […]