Cybersecurity firm SentinelOne valued at nearly $11 billion in public debut

Signage and cars are displayed in honor of SentinelOne, a cybersecurity firm’s IPO, outside the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021. REUTERS/Brendan McDermid

(Reuters) -Shares of security software provider SentinelOne Inc jumped 21.4% in their U.S. stock market debut on Wednesday, giving the company a market capitalization of nearly $11 billion.

Its shares opened at $46 and finished the day at $42.5, above their initial public offering (IPO) price of $35, indicating investors' interest in fast-growing software companies in a week flooded with IPOs.