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Updated30 Apr 10:05am

Darktrace shares soar by 40% on London stock market debut

The Guardian
British cybersecurity firm’s market value driven up from £1.7bn to almost £2.4bn Shares in Darktrace surged after the British cybersecurity firm made its debut on the London Stock Exchange. The Cambridge-based company began conditional trading on Friday at 250p a share, with enthusiastic investors immediately pushing up its stock by 40% to 350p a share, and sending its market value up from £1.7bn to almost £2.4bn. The 250p float price was at a lower level than originally intended, in part to avoid a repeat of Deliveroo’s
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