'Cyber Startup Wiz Is Weighing A Potential Bid For SentinelOne' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Cybersecurity startup Wiz is reportedly considering a bid for SentinelOne, according to Bloomberg. No final decision has been made yet.
August 25, 2023 | 7:08 pm
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SentinelOne may be acquired by cybersecurity startup Wiz. The potential acquisition could impact SentinelOne's stock price.
Acquisitions often lead to a rise in the stock price of the company being acquired due to the premium usually paid in such deals. However, the deal is not yet confirmed and the impact will depend on the final terms of the deal, if it happens.
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