(Reuters) - Cybersecurity firm KnowBe4 Inc on Thursday joined a string of technology-focused companies that saw strong market debuts in the United States this year, after its shares opened nearly 25% above their offer price on Nasdaq.
The company, backed by private equity firm KKR & Co Inc, gained a valuation of $3.56 billion in afternoon trading when its shares were up 33%. They opened at $19.95, above the initial offering price of $16.
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