Netskope opens at $23 after cybersecurity firm prices shares at top of range
1. Netskope shares opened at $23 in its Nasdaq debut, up over 20%. 2. The IPO raised over $908 million, valuing NTSK at $7.3 billion. 3. Annual recurring revenues surpassed $700 million by July's end. 4. Netskope aims for cash flow positivity this year, despite prior losses. 5. The competitive landscape includes big players like Palo Alto Networks and Cisco.