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Netskope opens at $23 after cybersecurity firm prices shares at top of range
CNBC·2025-09-19 00:09

Netskope shares opened at 23intheirNasdaqdebutafterthecybersecuritysoftwareprovidersoldsharesatthetopendofitsrange.Shareswerelastupmorethan2523 in their Nasdaq debut after the cybersecurity software provider sold shares at the top end of its range.Shares were last up more than 25%. The company, which trades under the ticker symbol "NTSK," priced shares at 19 on Wednesday evening, raising over 908millionandvaluingthecompanyat908 million and valuing the company at 7.3 billion. Earlier this week, the company upped its expected range from between 15and15 and 17 a share to 17to17 to 19.CEO and co-founder Sanjay Beri said in an interview with CNBC ahead of t ...