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Published 10 days ago

Rubrik prices IPO at $32 per share, above expected range

  • Rubrik, a data management software company, had its IPO priced at $32 a share and is backed by Microsoft.
  • The IPO raised $752 million, valuing Rubrik at $5.6 billion.
  • Initially expected to price between $28 to $31 per share, Rubrik surpassed expectations with the $32 share price.
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