Why SentinelOne Soared 16% in July
Shares of SentinelOne (NYSE: S) stock were up 16% in July, according to S&P Global Market Intelligence. The artificial intelligence focused cybersecurity company went public on June 30 through an initial public offering, valuing the firm at $10 billion. The stock popped 21% on its first trading day and has continued that momentum through July.
SentinelOne went public on the New York Stock Exchange, raising $1.2 billion to further its growth objectives. It currently trades at a market cap of approximately $13.5 billion.
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Source Fool.com
