
CyberArk (CYBR) Stock Soars on First Trading Day After IPO
Shares of Israeli cyber security company CyberArk (CYBR) popped Wednesday, the company's first day of trading after its IPO.
Shares of Israeli cyber security company CyberArk (CYBR) popped Wednesday, the company's first day of trading after its IPO.
NEW YORK (TheStreet) -- Shares of Israeli cyber security company CyberArk (CYBR) - Get Report surged 76% to $28.16 on Wednesday, the company's first day of trading after its IPO.
The company priced 5.4 million shares at $16 a share, greater than the previously expected range of $13 to $15.
More than 18.2 million shares had changed hands as of 3:45 p.m.
Watch the video below for a closer look at the CyberArk IPO Wednesday:
Must Watch: CyberArk Debuts on Nasdaq Up Over 50% as Cyber Security is Top Priority for the C-Suite
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