Week to date, shares of SentinelOne (NYSE: S) were up 13.5% as of 2:30 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence. 

On Monday, news surfaced that the fast-growing cybersecurity provider could be exploring the possibility of a sale. According to the report from Reuters, SentinelOne has hired an investment bank, but it's also possible the talks will end without a sale. 

SentinelOne has been a stiff competitor against larger cybersecurity companies like CrowdStrike Holdings. Although revenue growth has slowed in the difficult operating environment, demand is still relatively strong, with revenue up 70% year over year in the last quarter. 

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Source Fool.com