1st Jul 2021 21:13
Third Point Investors Ltd - closed-end, value-oriented hedge fund managed by Daniel S Loeb's Third Point LLC - Investee SentinelOne Inc completes New York initial public offering. Shares closed at USD42.50 each on Wednesday, implying market capitalisation of around USD11 billion, Third Point Investors notes. On Thursday afternoon in New York, stock was trading 4.7% lower at USD40.50 each. SentinelOne operates AI-powered cybersecurity platform.
Current stock price: USD26.90
Year-to-date change: up 27%
By Eric Cunha; [email protected]
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