SailPoint: Strong Buy After 8% Pop In IPO
SailPoint’s debut on the New York Stock Exchange was somewhat overshadowed by the other company to share its IPO day, Stitch Fix (NASDAQ: FIX), but the identity software company’s $240 million deal still sets it up to become a successful performer after its initial launch.
As I wrote in my initial article on the company, SailPoint is the developer behind a suite of cybersecurity products that allow enterprises to monitor the identities of users on a corporate network and manage access.
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