Netskope IPO: Cybersecurity's $7.26 Billion Test

Cybersecurity giant Netskope is poised for a massive IPO, targeting a $7.26 billion valuation amidst booming demand for cloud security. As only the second major cybersecurity IPO in New York this year, Netskope's debut could signal the market's appetite for tech stocks, despite facing fierce competition and the cautionary tale of SailPoint's post-IPO performance. With narrowing losses and soaring revenues, all eyes are on Netskope as it lists on the Nasdaq under NTSK, potentially setting the tone for investor confidence in the cybersecurity sector. Hosted on Acast. See acast.com/privacy for more information.