Renaissance Capital logo

IPO Center

RBRK

Cybersecurity platform Rubrik prices upsized IPO at $32, above the range

Rubrik, which provides a hybrid cloud data management and security platform for enterprises, raised $752 million by offering 23.5 million shares at $32, above the range of $28 to $31. The company offered 500,000 more shares than originally anticipated. At pricing, Rubrik commands a fully-diluted market value of $6.6 billion. Rubrik is known for its enterprise backup and recovery...read more

U.S. IPO Performance

The IPO Market is set to rebound...

How prepared are you?

Start Quiz

We guarantee 100% privacy.
Your information will not be shared.

Do New Stocks Have a Place in Your Portfolio?

IPO Investment Case
Download Now

Get the Investment Case

Ticker Company Ticker
Trade
Date
Shares (M) Price Range Deal Size ($M) Underwriters
RBRK Rubrik RBRK 00/00/00 23.5 $28.00 - $31.00 $752 Goldman
Barclays
LOAR Loar Holdings LOAR 00/00/00 11.0 $24.00 - $26.00 $308 Jefferies
Morgan Stanley
MRX Marex Group MRX 00/00/00 15.4 $18.00 - $21.00 $292 Barclays
Goldman
ZONE CleanCore Solutions ZONE 00/00/00 1.3 $4.00 - $6.00 $6 Boustead

IPO ETF

NEW STOCKS ONLY
(Avg. Age 2.2 Years)

0.1%
overlap*

S&P 500

OLDER STOCKS
(Avg. Age 43 Years)

*By Weight, as of 01/01/2024

Seek to Diversify Your Portfolio

The IPO ETF has almost NO Overlap with the S&P 500

The IPO ETF only contains New Stocks

How to Invest
Ticker Company Ticker Offer Date Deal Size ($M) Current Price Today's Change Return from IPO
LOAR Loar Holdings LOAR 04/24/24 $308 $28.00
n/a
n/a
n/a
MRX Marex Group MRX 04/24/24 $292 $19.00
n/a
n/a
n/a
RBRK Rubrik RBRK 04/24/24 $752 $32.00
n/a
n/a
n/a

Pricing Activity

IPO Proceeds Raised

Reviews and Special Reports