{"id":88039,"date":"2024-04-25T00:05:48","date_gmt":"2024-04-25T04:05:48","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88039"},"modified":"2024-04-24T23:59:56","modified_gmt":"2024-04-25T03:59:56","slug":"rubrik-prices-ipo-at-32-per-share-above-the-expected-range","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2024\/rubrik-prices-ipo-at-32-per-share-above-the-expected-range.html","title":{"rendered":"Rubrik prices IPO at $32 per share, above the expected range"},"content":{"rendered":"\n<p>(CNBC) Rubrik, a data-management software company backed by <a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\">Microsoft<\/a> priced its IPO at <a rel=\"noreferrer noopener\" href=\"https:\/\/www.businesswire.com\/news\/home\/20240424751843\/en\/\" target=\"_blank\">$32 a share<\/a>. That\u2019s above its expected range. The 10-year-old company sold <strong>23.5 million<\/strong> shares ahead of its New York Stock Exchange debut on Thursday and will trade under the ticker symbol \u201cRBRK.\u201d Rubrik raised <strong>$752 million<\/strong> through the initial public offering, valuing the company at <strong>$5.6 billion.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/04\/24\/rubrik-prices-ipo-at-32-per-share-above-expected-range.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Rubrik, a data-management software company backed by Microsoft priced its IPO at $32 a share. That\u2019s above its expected range. The 10-year-old company sold 23.5 million shares ahead of its New York Stock Exchange debut on Thursday and will [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88039","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88039"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88039\/revisions"}],"predecessor-version":[{"id":88040,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88039\/revisions\/88040"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}