Microsoft-Backed Rubrik Shares Jump 25% After $752 Million IPO

Microsoft-Backed Rubrik Shares Jump 25% After $752 Million IPO (Bloomberg) -- Rubrik Inc. shares jumped as much as 25% in its trading debut after the cloud and data security startup backed by Microsoft Corp. raised $752 million in its initial public offering. Most Read from Bloomberg US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City Biden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll Shows Zuckerberg …