Darktrace shares soar 43% in London IPO as investors shrug off Deliveroo flop
Summary
The Darktrace logo displayed on a smartphone with stock market percentages in the background. Darktrace shares started trading in conditional dealings under the ticker "DARK" Friday morning. The company has said a further 9.9 million shares will be sold if demand proves higher than expected. "The IPO is just part of the journey and maturation process for the company," Kanji said. "Cybersecurity isnt going away anytime soon and these kinds of systems that Darktrace offers are going to be increasingly needed, particularly on the autonomous response side."
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Cybersecurity Software
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Darktrace
$250M to $500M