Cybersecurity firm Netskope fetches $8.8 billion valuation as shares jump in Nasdaq debut
By
Binu Mathew
Cybersecurity firm Netskope commanded an $8.79 billion valuation as its shares jumped 21% in their Nasdaq debut on Thursday, adding to a string of successful tech IPOs this year.
The U.S. IPO market is enjoying its strongest momentum in years, with investors showing robust appetite for new listings.
