″Investors are taking recent losses in IPOs — and investors are fleeing for safety in larger caps and Treasurys,” a market expert says.
“We believe we are defining a new category called the Security Cloud," the company says in its prospectus.
Is your company a golden goose, a unicorn, or a ship of the desert?
The cloud computing company's shares soared 90% on their first day of trading, giving it a market cap that is more than double its private valuation.
