Cybersecurity
FireEye, Rocket Fuel Almost Double in Public Debuts After IPOs
This article is for subscribers only.
Technology companies FireEye Inc. and Rocket Fuel Inc. both almost doubled in their public debuts following U.S. initial public offerings, signaling investors remain confident in growth prospects for the industry’s stocks.
FireEye, a maker of software used to protect computer systems from hackers, said today that it raised $304 million in its IPO, selling more shares than projected. Digital advertising company Rocket Fuel raised $116 million, pricing at the top end of its proposed price range.