A large chunk of CyberArk Software (CYBR) stock will be released for trading Monday, which could create selling volatility in the provider of cybersecurity software. About 12.3 million shares will be released from a stock lockup period on Monday, representing about 35% of the 35 million diluted shares outstanding. According to a June 10 SEC filing by CyberArk when it announced the pricing of a secondary offering of 4.9 million shares,
We’re nearly three-fourths of the way through the year, and a lot of new issues have gotten quite a bit of attention in the market. But while some have soared, others have disappointed investors. Let’s take a look at four notable IPOs this year: Shake Shack (SHAK), Fitbit (FIT), Box (BOX) and Etsy (ETSY). Shake Shack’s burgers and frozen custards have attracted long lines, and the East Coast-based chain is in expansion mode. Earlier this month,
Salesforce.com (CRM) stock surged Friday in the wake of another lauded earnings report for the software maker, as shares defied a broader market downturn. Following Thursday’s after-hours earnings report, Salesforce stock jumped at the open on Friday, gaining more than 5% shortly after the opening bell in the stock market today. By midday, though, Salesforce.com stock gave back some gains and was up about 3% near 70. That’s after Salesforce stock