initial public offerings (IPOs) trading on American exchanges

Wednesday, June 30, 2021

SentinelOne (S) began trading on the NYSE on Wed 30 June 21

SentinelOne provides an AI-powered cybersecurity platform.
  • Sector(s): Technology
  • Industry: Software—Infrastructure
  • Full Time Employees: 1,900
  • Incorporated in 2013
  • Headquartered in Mountain View, California.
SentinelOne twice bumped up the size of its deal, which is typically a sign of strong demand. The company collected $1.2 billion after selling 35 million shares at $35. It had filed to offer 32 million shares at $26 to $29 each, but boosted that to $31 to $32 on Monday.
  • Priced upsized 35 mln share IPO at $35/share, above the $26-29 expected range
  • Opened at $46 and closed at $42.50, up 21% from the offer price.

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