Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

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Microsoft-backed Rubrik prices IPO above range at $32 per share, source says
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Sidney Crosby shares Donair with teammates #donair #hockey #sports #halifaxNEW YORK - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person familiar with the matter.

Following the successful stock market flotations of social media platform Reddit and semiconductor connectivity firm Astera Labs, several companies including Cato Networks and Synechron have kicked off preparations to go public.

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