Palo Alto Networks (PANW) delivers a strong IPO. Shares opened at $55.20 and are currently...

|About: Palo Alto Networks (PANW)|By:, SA News Editor

Palo Alto Networks (PANW) delivers a strong IPO. Shares opened at $55.20 and are currently trading at $56.78, up 35% from an offering price of $42. That gives the high-flying security hardware startup a valuation of $3.8B, and serves as further proof the market for enterprise tech IPOs remains hot. (S-1)